Bitcoin holds its 100-day average at month close as US midterms approach
Bitcoin held its 100-day moving average into the monthly close. Crypto markets are bracing for the US midterm elections and volatility from tech earnings. Traders may see larger price swings as these events approach.
Why it matters
- Bitcoin keeping the 100-day moving average is a technical level many traders track.
- US midterm elections could add uncertainty to crypto markets in the coming days.
- Tech earnings may spill over into crypto and add to price volatility.
What to watch next
Watch whether Bitcoin holds the 100-day moving average as the US midterm elections and tech earnings unfold.
