FX.co ★ #Bitcoin chart analysis

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