FX.co ★ teagan.orn | #Bitcoin chart analysis

Price #Bitcoin on the daily chart was able yesterday to show a small bullish candle after that wave of decline that occurred in the second half of the trading week. However, I consider the further outlook bearish, since the bounce off support 76000 was insignificant and the next attack on that support will most likely end in a breakdown and further decline to new lows. Next week there will be midterm elections in the US, and important labor market statistics will also be published. I anticipate significant moves against this backdrop. The priority remains for continued downside toward the round level 70000.