Internet reports that as Bitcoin prices face potential fluctuations near key support levels, Standard Chartered Bank analyst Geoff Kendrick expressed concerns about the short-term trend of Bitcoin and Strategy (formerly MicroStrategy). Kendric pointed out that the price range on November 6, 2024 (the day after the U.S. election) is a key potential support area for Bitcoin, with an expected price range between $69,000 and $76,500. He believes that Bitcoin's trend within this range may determine its short-term trend. He pointed out that if Bitcoin's price fell to the range of $69,000 to $76,500, it would be closer to Strategy's average purchase price of $65,000, so this is a key level to focus on.