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𝐖ʌ𝐣ɩɗ 𝐍ɩʌ𝐳ɩ
Bitcoin is testing its 200-week MA support near $68,000. Bulls need to defend this level and close the week above it.
We've seen BTC dump after midterm elections before, and such periods have also given some of the best long-term buying opportunities.
Nov 2014: $320 (Midterm)
Nov 2016: $750
Nov 2017: $11,000 (34x)
Nov 2018: $3,500 (Midterm)
Nov 2020: $19,000
Nov 2021: $69,000 (20x)
Nov 2022: $20,500 (Midterm)
Nov 2024: $99,000
Nov 2025: $111,000 (5.5x)
Nov 2026: $72,000(Midterm)
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