FX.co ★ #Bitcoin chart analysis

The 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 rebound from the 76000 support was insignificant and the next attack on this support will most likely end in a breakout and further decline to new lows. Next week the US will hold midterm elections, and important labor market statistics will also be published. I expect significant movements against this background. The priority remains for continued decline toward the round level 70000.