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How Will Bitcoin Price React if Kamala Harris Wins the US Presidential Election?

Mary-Kate Olsen

Nov 01, 2024 pm 09:30 PM

Bitcoin Price election Kamal Harris

Bitcoin volatility has been on an uptrend since October 10 bottom. This uptick in daily BTC volatility can be attributed to the US presidential elections

How Will Bitcoin Price React if Kamala Harris Wins the US Presidential Election?

Bitcoin price enjoyed a strong rally in October, setting up a higher low on the daily chart. The price breached the 200-DMA (daily moving average) and arrived at a crucial resistance zone, as highlighted on the daily BTC price chart.

The price bounced off the 200-DMA and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 0.618 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at the upper Bollinger Band, setting up a squeeze on the daily chart. This squeeze is a sign of strong buying pressure, and it usually leads to a breakout.

The price breached the upper Bollinger Band and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 0.786 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 1 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 1.27 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 1.618 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 2 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 2.618 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 3 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 3.618 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 4 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 4.618 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 5 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 5.618 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 6 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 6.618 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 7 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on the daily BTC price chart. This zone coincides with the 7.618 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a key resistance level, as highlighted on the daily BTC price chart. This level coincides with the 8 Fib level, making it a confluence resistance level.

The price breached this confluence resistance level and arrived at a strong resistance zone, as highlighted on

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