Bitcoin and Ethereum are nearing critical resistance levels amidst a recent price dip, with Bitcoin at $66,960 and Ethereum at $2,630. Market analysts suggest geopolitical dynamics, especially the U.S. elections and Donald Trump’s rising position, may influence Bitcoin's price movements. While Trump shows gains in polls, he still trails Vice President Kamala Harris. Some analysts predict Bitcoin may surpass $70,000 soon, though caution is advised regarding potential all-time highs. Research from QCP Capital highlights the importance of breaking key resistance levels for both cryptocurrencies to regain retail interest. Meanwhile, Fairlead Strategies maintains a neutral outlook, indicating that Bitcoin is at a critical juncture around $67,700 with support at $59,800. Ethereum similarly faces resistance around $2,807. Both cryptocurrencies might remain in a consolidation phase unless they can decisively break these resistance levels.

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