The post Is It Time To Sell BTC? Key Levels To Watch As Bitcoin Price Dips To $69k appeared on BitcoinEthereumNews.com.

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . Bitcoin’s early November price action has stirred significant anxiety among bullish investors.  After trading as high as $73,500 earlier this week, the Bitcoin price has dipped to $68,800 at press time, retesting the $68k support level for the second time in 24 hours.  The crypto market has been hit with a perfect storm as Donald Trump’s lead slips 3 days before the US Presidential elections. Meanwhile, the weak October US Jobs Report has heightened concerns over a potential recession.  New meme coins appear to be the only asset class unaffected by the bearish market sentiment. While FWOG reached a new all-time high, Pepe Unchained hit the $24 million mark in its presale.  BTC Dips As Trump’s Lead Evaporates Donald Trump is the clear pro-crypto candidate in next week’s US Presidential Elections, with his extravagant promises of firing SEC Chair Gary Gensler and setting up a Strategic Bitcoin Reserve.  I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper. We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP! #Bitcoin #FreeRossDayOne — Donald J. Trump (@realDonaldTrump) October 31, 2024 Crypto analysts attributed Bitcoin’s rally to $73.5k earlier this week to Trump’s massive lead on betting platforms like Polymarket and Kalshi. However, the former President appears to be slipping with just 3 days left for election day.  Trump’s lead on Kalshi is down to just 6% after being as high as 30% earlier this week.  Similarly, Vice President Kamala Harris has taken the lead in key battleground states of Michigan and…

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Filed under: News - @ November 2, 2024 12:19 pm