🚨 BTC WARNING: DON'T GET TRAPPED IN THIS BOUNCE! ⚠️ US MIDTERM ELECTION UNCERTAINTY AHEAD! 📉

Guys, I'm still bearish on Bitcoin in the short term, and another downside move could be coming!

BTC is showing weakness below resistance, while liquidity sits below the current price and crowded long positions could fuel another drop. A relief bounce is possible, but I'm not calling it a confirmed reversal yet.

🇺🇸 US MIDTERM ELECTIONS — VOLATILITY ALERT!

With the US midterm elections approaching on November 3, uncertainty around the political outcome, crypto regulations, and future policies could increase market volatility.

My expectation is that BTC could recover later in November or December if market conditions improve. Looking further ahead, $180K–$200K is my long-term bullish target over the next two years, but that's a projection, not a guarantee. 👀

📉 BTC SHORT-TERM PLAN — BEARISH BIAS

I'm watching for a potential bounce into the $80,700–$81,500 resistance zone, followed by rejection and a move toward $78,000.

🔴 Short Entry: $80,700–$81,500 (watch for rejection)

🛑 Stop Loss: Above $82,200

🎯 TP1: $79,700

🎯 TP2: $79,200

🎯 TP3: $78,800

🎯 TP4: $78,000

⚠️ Wait for confirmation before entering. If BTC breaks resistance strongly, the bearish setup could fail.

🟢 SPOT BUYERS — WATCH THESE LEVELS!

I'm watching $80,000 and $78,000 as potential buying areas, with short-term upside targets at:

🎯 $83,000

🎯 $85,000

🎯 $87,000

If BTC holds $78,000 and shows a strong bullish reaction, I'll consider a potential long setup.

Traders using high leverage or limited margin should be extra cautious near this demand zone. Sitting out is also a valid option.

🏦 DON'T IGNORE THE FED DECISION!

The Fed kept interest rates unchanged at 3.75%–4.00%, with two members reportedly favoring a 0.25% hike. Persistent inflation remains a concern, which could limit Bitcoin's upside if financial conditions stay tight.

🐼 WHAT ABOUT ALTCOINS?

SOL, ETH, and XRP could follow Bitcoin's direction. If BTC drops, these coins may face additional selling pressure. If BTC recovers, they could bounce too — but each coin has its own market structure.

🔥 MY FINAL VIEW: Short-term caution, potential downside toward $78K, and a possible bullish recovery later if support holds.

Always DYOR and never invest all in one trade. 🤝🐼