Bitcoin $BTC gave back the whole post-election pop today, selling off with tech, and tonight it dipped under the Nov 3 low before bouncing. It's back near 75,800, and 74,913 is the level I care about most. The rally from 75,618 to 81,105 fully reversed, with $BTC dropping from about 80,300 to 75,463 in roughly four hours this morning. Reports put liquidations at about $1.09 billion, so a lot of this looks like leverage getting flushed. On the Daily chart, we see lower highs at 85,591, 84,843, 81,888 and 81,105, and the price is below the 50-day near 81,990 but above the 200-day near 73,180. For the 1H timeframe, tonight's low was 75,088, and the gaps left above are still open. The bull case depends on $BTC holding 74,913 and closing a 1H candle above 76,915, targeting 77,963, then 79,472; this is invalidated by a 1H close below 74,913. Conversely, the bear case suggests $BTC stays under 76,915 and closes a 1H candle below 74,913, targeting 73,180; this is invalidated by a 1H close above 76,915. #CryptoAnalysis