BTC’s fate is in American hands tonight 🇺🇸

$BTC Current price: 77,316, caught in the tightest squeeze:

77,750 (the 100-day moving average) overhead, 76,441 (the 200-day moving average) supporting it below. One wrong move and it goes either way.

Here’s how the election could send prices crashing or soaring:

🟢 Trump holds on to both chambers → rally to 90,000

🟡 Split control → hover around 84,000

🔴 Blue wave sweeps both chambers → first drop to 76,441; if that doesn’t hold, watch for 73,000

The history is even more sobering:

In the past 3 midterm elections, Bitcoin took a hit first, then rallied for a year. On average, it fell 31% in the 3 months after the election, then rose 45% after 12 months. But don’t read too much into it—there are only 3 examples, and all 3 coincided with bear markets. Hard to say whether it was the elections or the market.

There’s only one thing I care about:
Whether the Fed turns on the money taps. If liquidity flows, 76,441 is the floor; if not, even 90,000 is a ceiling.

Which scenario are you betting on tonight? 👉👉👉👉👉👉

🔸$BNB Binance was hacked for $6.3 billion—the biggest crypto theft in history. About $3 billion has been frozen, but the hacker still has around $2.4 billion in coins they haven’t cashed out

🔸 ETFs saw outflows for two straight days: net outflows of $1.042 billion on 10/30 and 11/2. IBIT alone saw $639 million leave, wiping out 4 days of inflows in a single day

🔸$ETH ETH ETFs have seen outflows for 6 straight days, the longest losing streak this year. Net outflows totaled $1.61 billion for October, while ETH fell 16% that month

🔸 Chip stocks cracked first: Marvell’s $115 billion acquisition of Lumentum; the Philadelphia Semiconductor Index fell 3.37% that day, breaking below its 200-day moving average. Lumentum plunged 18.6% in a single day

The hacker hasn’t finished dumping, institutions are still pulling money out, and AI stocks are losing steam—so BTC holding at 77,300 is pretty impressive in itself.

2026 midterm elections #bitcoin #Binance