Bitcoin Almost to 73k!
Pre-election pump underway!
With election day drawing close here in the U.S., it is looking like Trump will win by a landslide. In fact, the margin is so large that it will be hard for the left not to do something so obvious to prevent the win that even the most religious zealots of the party could not notice. This fact, along with low liquidity on centralized exchanges, is pumping Bitcoin straight through large order blocks such as the one in the chart above.
In my previous video, I stated that I would not become bullish until 70k had been broken. Well, not only has it been broken, it has been obliterated. I do not see this pump slowing until around election day. Even though it will become plainly apparent that Trump has massively won popular vote, I still believe some stunts could be pulled by the opposition. This is when everyone should be open to the idea that there could be a crypto dump to follow this large pump. I am not saying this will occur. I am only stating that all trades should be exercised with all the caution that is normally utilized. Don’t bet your house, dog, cars, and wife on this crypto Trump pump. That is all.
Other than that? Bull run seems to be on and Uptober may not disappoint after all. Enjoy my friends. See you in the next trade.