$BTC is showing a strong recovery after the flush toward the low $76K region, climbing back to around $78.4K as US midterm results come in. 👀
But there's still a key hurdle ahead. I'm watching $78.9K HVL as the next level buyers need to reclaim. A clean move above it could bring the $80K call wall into focus.
On the downside, $77.5K is the level I'd want to see hold if Bitcoin pulls back. Good recovery so far, but the next resistance test will tell us whether buyers have enough strength to push higher.
#usmidterms-whataremarketsexpecting?
But there's still a key hurdle ahead. I'm watching $78.9K HVL as the next level buyers need to reclaim. A clean move above it could bring the $80K call wall into focus.
On the downside, $77.5K is the level I'd want to see hold if Bitcoin pulls back. Good recovery so far, but the next resistance test will tell us whether buyers have enough strength to push higher.
#usmidterms-whataremarketsexpecting?