Bitcoin After the Election: False Breakout and a Battle for $75K–$79K
Bitcoin weathered US election night with a false breakout: the price fell to $75,736 and returned to $77.4K within an hour. This is a bullish signal for the next few days, but higher timeframes remain bearish, and there still hasn’t been a true capitulation in the market. Below is what happened, where the key levels are, and which scenarios are most likely.
Professor, you should be the weather forecaster. If it's -20 outside, wear a hat. If it's +20 outside, wear shorts.
PROFESSOR MIKE OFFiCIAL
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Bearish
Sharp dump in $BTC is the market about to crash again?
This sudden move has shaken short term traders, but panic is not the strategy here. Bitcoin has swept liquidity below a key support zone, which often happens before either a strong relief bounce or a deeper shakeout to trap weak hands. Right now, the market is testing patience, not ending the trend.
Keep your eyes on $90,500 $89,800 as the critical demand area. If buyers step in with volume, we can see a sharp recovery move. However, if fear takes over and volume increases on the downside, a deeper correction cannot be ignored. Trade smart, manage risk strictly, and remember big moves are born from maximum fear. Stay calm, stay ready.
There is an old red-haired man who is not aware of TA. It might be tough for bulls tomorrow or upon market opening on Monday.
Proekt_73
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For skeptics awaiting the growth of altcoins in January, there is bad news
For skeptics awaiting the growth of altcoins in January, there is bad news. Growth has begun and it is expected to continue. The only question is whether there will be a local correction on January 3. Our expectation is that there will be. However, shorting altcoins is now counter-trend and dangerous. It's worth getting used to this for at least the next few weeks.
🚨$BTC is breaking to ATH🚀 Dow Jones🇺🇸 reaches unimaginable 47000 points‼️ Bear🐻 hold on💪 help from Wall St🇺🇸 is coming soon‼️ Light $LTC 💲120📊 money is not coming in💰 Gold is bouncing📉$ETH is stopping📊
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