Bitcoin Flat Until Clear Outcome

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🏦 Bitcoin Flat Until Clear Outcome 

Word On The Street: Bitcoin has been trading within a tightening range for almost two weeks, as traders wait for the U.S. Presidential Election on November 5.

The details:

  • The close race between Donald Trump, who has shown pro-crypto leanings, and Kamala Harris, whose stance on digital assets remains less clear.

  • CBS News/YouGov polls show a slight lead for Harris at 50% over Trump’s 49%, while Polymarket data suggests a 66.5% chance of a Trump victory.

  • A pro-crypto administration might lead to more favorable regulation, whereas an ambiguous or cautious stance could signal tighter oversight.

Why it matters: Attempts to break above $69,000 have consistently been met with resistance, triggering pullbacks to a support zone between $64,000 and $67,000.

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