$BTC $ETH After the midterm elections, TD Cowen believes Democratic control of Congress would put the CLARITY Act on hold for two years. BTC first plunged to 75,700 intraday, then rebounded to 78,000. Options buyers stepped in quickly: traders are betting on a one-week move, while the regulatory outlook will take two years to play out. Thielen of 10x Research also sees an oversold rebound, with a target of 82,000.