Bitcoin dropped under $76,000, then erased it all within hours.
Early midterm returns hinted at a Democratic sweep, and $BTC briefly hit about $75,700. Then it rebounded toward $78,000 (CoinDesk).
Traders bought hundreds of millions of dollars in call options as election-day block trading more than doubled.
10x Research says momentum looks oversold, with a possible bounce toward $82,000.
My take: the market is pricing less political fear, but ETF outflows are still the weak spot. Watch whether $78K holds as support.
Do you see $BTC above or below $80K by Friday?
#Bitcoin #Midterms #BTC
Not financial advice.
Early midterm returns hinted at a Democratic sweep, and $BTC briefly hit about $75,700. Then it rebounded toward $78,000 (CoinDesk).
Traders bought hundreds of millions of dollars in call options as election-day block trading more than doubled.
10x Research says momentum looks oversold, with a possible bounce toward $82,000.
My take: the market is pricing less political fear, but ETF outflows are still the weak spot. Watch whether $78K holds as support.
Do you see $BTC above or below $80K by Friday?
#Bitcoin #Midterms #BTC
Not financial advice.