In his latest session, Josh dives into the crypto market’s pre-election state, highlighting Bitcoin’s position at the top of its trading range, where it faces potential volatility due to election uncertainty.

Key Highlights:
  • He emphasizes that Bitcoin’s technical indicators, like the cloud and moving averages, suggest a bullish continuation - unless a significant pullback occurs, which would only turn bearish if prices dip below $60k.

  • This setup echoes patterns seen in previous pre-election cycles, hinting at a potential post-election rally if bullish momentum holds.


Josh also points out the importance of broader market dynamics, such as the influence of the dollar’s strength and possible election outcomes, which could impact investor confidence and overall crypto sentiment. He notes that while technicals lean bullish, timing is crucial as pre-election chop makes moves harder to predict.

Ultimately, Josh’s message is one of cautious optimism, highlighting that Bitcoin’s current technical health is good, though traders should remain mindful of election-driven volatility and broader risk factors.

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