CME:BTC1!   Bitcoin CME Futures
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BTC is now retesting the bottom of the range. If rejected the price will be drawn toward liquidity pool below $8900 (summer range) all the way down to $7700-8000. We should see a decent bounce from there if the price indeed gets there. The presidential election is coming up with many drivers for increased volatility in the markets. US election often results in stronger dollar despite aggressive Fed printing. That can be a bad sign for Bitcoin and Precious metals. Calculate your risks accordingly.

Comments

Deflation, DXY rally for upto a year, then a reversal.
Which, should keep BTC prices lower and attract more capital.
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