Midterms, ETF Outflows and a $76K Bounce: Bitcoin’s Next Move Democrats won both chambers of Congress, crypto sentiment dropped to fear and $BTC ... went up 1% 😄 Here’s what’s going on and what the chart says 👇 The news: 🗳 Democrats took control of the House and the Senate, according to CBS News projections. The new Congress takes office in January. Many traders worry this will slow down crypto rules like the CLARITY Act, which already failed in the Senate in September. 📉 US spot Bitcoin ETFs saw about $1.16B in outflows from Oct 30 to Nov 3. That’s sizable, but small next to the ~$56.5B that has flowed in since launch. Strategy still bought another 811 $BTC , and Bitwise raised its 2036 Bitcoin target to $1.6M. The Fear & Greed Index sits at 34, and Santiment says bearish comments now outnumber bullish ones about 2 to 1. What the daily chart shows: 📊 Today’s candle wicked down to ~$75,750 and bounced back to ~$78,400. Buyers clearly stepped in below $76K 📊 The price is bouncing off the lower Bollinger Band (~$76,100) 📊 RSI is at 42.6 and just crossed above its average Levels I’m watching: 🟢 $76,000: the support that held again today 🔴 $79,000: Santiment calls a move above it, while the crowd stays bearish, a strong reversal signal 🔴 $80,200: the middle band, where the bigger trend would turn One more thing to watch: the US jobs report comes out on Friday and it could decide which way BTC breaks 👀 #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#