$BTC Reclaims $80K, But Could $78K Come Next? 📉 1. The Critical $80K Level: Bitcoin is trying to recover after the US midterm elections, but the next move is far from clear. Price climbed toward $80,800 before pulling back to around $79,676. Buyers now need to reclaim the $80,000–$80,190 zone to keep the recovery alive. Lose that level again, though, and the market could quickly turn its attention to $78,200. 2. The Road to $82,900: Getting there won't be easy. Bitcoin first needs to hold above $80,190, a key Fibonacci level, and secure three daily closes above it. That could open the door to $82,900 next. But momentum is already showing weakness. The RSI has failed to make a higher high, while the four-hour chart suggests buyers are losing strength after the rejection at $80,800. 3. The $BTC Bigger Picture: The post-election rebound and returning ETF inflows are encouraging, but Arthur Hayes remains cautious about the near-term outlook. He believes a stronger rally needs a shift in macro conditions. For now, $80,000 is the level worth watching. Holding above it could support another move higher, but another rejection would put $78,200 back in focus.