💰
Bitcoin price pullback and volatility likely as US election approaches, Standard Chartered says
Bitcoin may see a price pullback ahead of the U.S. presidential election on Nov. 5, with increased volatility expected in the days following, according to Standard Chartered’s Global Head of Digital Assets Research Geoff Kendrick. Despite reaching $73,563 on Tuesday, bitcoin has been unable to break above its all-time high above $73,700 set on March 14. Kendrick suggested pre-election position liquidations could drive prices lower, making a breakout above the digital asset's all-time high less likely.
Sourcehttps://t.me/Crypto_Futures_Trading