I was glued to the election coverage whole day.

Like a lot of people, I had one eye on the TV and the other on Bitcoin’s chart, watching as the price swung up and down in real-time with every twist in the vote count.

It was fascinating—and a little unnerving. It felt like Bitcoin was mirroring the uncertainty and drama of the election itself.

But what if these swings weren’t just random? What if this recent dip is actually a setup for Bitcoin’s next big move?

Maybe you’re skeptical—“Another Bitcoin hype story, right?”

But hear me out. I’m not here to sugarcoat anything.

In this article, I’m diving into 3 key indicators that top traders and institutions are following right now, and they’re suggesting that $67.3K could be the new floor for Bitcoin.

I’m talking about real, data-backed moves—no fluff, no wishful thinking.

Stick with me till the end, and I’ll show you how to interpret these signals like a pro.

If you’re eyeing crypto but keep getting blindsided by its roller-coaster vibes, I get it.

But here’s something worth paying attention to: Bitcoin’s dip below $67,300 might not just be a scary slide—it could be the base of a solid comeback.

Yes, you read that right. Here’s why.

1. Big Players Aren’t Jumping Ship

Let’s talk about whales (aka the big players you don’t want to go against).

Despite the latest Bitcoin tumble, top traders on Binance and OKX have kept their cool.

Long-to-short ratios are holding steady, signaling they’re not panicking—and trust me, these guys are the canaries in the crypto coal mine.

If they’re not flipping out, maybe you shouldn’t be either.

2. Futures Are Staying Stable

Now, you know how futures can make or break the market, right?

Here’s the kicker: Bitcoin futures’ open interest didn’t drop after the price slid.

In fact, it’s even up 10% since early October.

Translation? Smart money’s sticking around, and they’re not reducing exposure.

If anything, they’re getting deeper into the game, which says a lot about their confidence that Bitcoin’s down but definitely not out.

3. USDT Demand Is Rock-Solid in China

Now, let’s zoom out globally.

Over in China, USDT (Tether) is holding strong against the official USD/CNY rate, showing that traders aren’t bailing.

It’s a big deal because when they think the market’s shaky, they pull out.

But right now?

They’re staying put, a move that screams confidence in Bitcoin’s resilience.

My Take on the $67.3K Floor – And How I’d Swing Trade It

With these signals in place, it’s looking like $67.3K might just be the new floor for Bitcoin.

It’s the level where big players seem to be drawing a line, signaling that they see value here.

Instead of reacting emotionally to the price drops, I see this as an opportunity to prepare for a potential upswing.

Here’s how I’d approach a swing trade based on this insight:

1. Watch for Retests Around $67.3K: The first thing I’ll look for is a retest of that $67.3K level.
   
   If Bitcoin dips back toward that mark and holds, it’s a strong signal that this level might truly be support.
   
   I’ll set alerts and be ready to act when we see confirmation of buyers stepping in around this range.

2. Look for Volume Spikes: A retest with higher buying volume at or near $67.3K could signal confidence among big players and whales, potentially leading to a rebound.
   
   I’ll be keeping an eye on volume data to ensure that any upward move is supported by strong interest.

3. Place a Buy Order Close to the Floor: If Bitcoin touches down near $67.3K and shows strong support, I’d consider entering a long position.
   
   I wouldn’t rush in; instead, I’d wait for confirmation—like a clear bounce with good volume—before executing.
   
   My entry target would be close to this floor level to maximize potential upside while managing risk.

4. Set a Clear Stop-Loss Below the Floor: To protect my position, I’ll set a tight stop-loss just below $67K.
   
   If the price dips below this level, it’s a sign that the floor didn’t hold, and I’ll exit the trade to avoid deeper losses.

5. Identify a Swing Target Range: My target exit range would likely be around $72K–$75K, where Bitcoin has shown recent resistance.
   
   If the price reaches this level, I’d look to take profits, knowing it could test this resistance before pushing higher.

6. Keep an Eye on Broader Market Sentiment: Finally, because news events and sentiment shifts can shake things up quickly in crypto, I’d monitor for any significant news, especially around the election or macroeconomic events that might impact the market.
   
   If sentiment shifts sharply, I’d adjust my trade plan accordingly.

This approach is about capitalizing on a potential rebound while keeping a tight rein on risk. It’s swing trading with the big players in mind, looking to ride the wave rather than fight it.

The Bottom Line

If you’ve been waiting for a clearer signal to enter or add to your crypto position, this could be it.

Watching the whales, seeing futures interest stabilize, and spotting confidence in the broader market all point to one thing: $67,300 might just be the new foundation for Bitcoin.

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Thanks for reading, and here’s to your next profitable trade!