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Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 2-Week Lows, Ahead of US Midterms 

November 8, 2022

Category:

Bitcoin

Bitcoin (BTC) prices fell for a third straight session on Tuesday, as traders prepared for the U.S. midterm elections.

Following a high of $20,882.38 to start the week, BTC/USD slipped to an intraday low of $19,448.53 earlier today.

This drop in price saw bitcoin fall to its lowest level since October 25, when the token was trading around the $19,200 mark.

Looking at the chart, today’s decline in BTC came as prices fell below a key price floor of $20,080.

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