Lower highs and lower lows for BTC since last week

Please take a few moments to have a look at the chart of BTC since last week and since peaking at 73,563 on October 29 you will see the general price action has been characterised by a series of lower highs and lower lows and that has defined what has been a short-term downward price trend. If that is sustained, then it points to further downside to come. So, in order to snap that BTC will need to lift back above 71,600 from here on and that looks some way off at the moment this afternoon. The price action right now it pushing BTC back test its 21 day moving average again today. That is in place right now at 68,530. The prospect of a Harris victory is clearly what has derailed BTC in recent days, where it was the exact opposite by the middle of last week. The contrast is clear to see, but of course this race is not won yet and so BTC is still in play either way right now. Pay your money and take your choice it seems. BTC is currently trading at 68,630