US Election Effect on $BTC - What Happened?Democrats won both House and Senate in US Midterms.
BTC reaction:
- First dump to $75,618 on fear of strict regulation
- Then V-shape recovery to $78K as uncertainty cleared
My view:
Market already priced in this result. Fear is over. Now key levels are simple.
- Support: $75K - $76K (Election night low)
- Resistance: $78K - $80K
- If BTC closes above $80K, next target $82K
I am not panicking. Just watching $78K close.
Do you think Democrats win is Bearish or Bullish for Crypto?
BTC
75,676.01
-5.93%