BTC is BACK above $80k at *$80,470* — big green bounce after the election-night dump 🚀
- *USD:* $80,470 (+$2,074.84, +2.65% today)
- *GBP:* ~£60,500
- *Open:* $78,394.56 / *High:* $81,196.01 / *Low:* $78,001.77 / *Prev Close:* $78,395.16
- *24h range:* $77,890 - $81,196 / *Market Cap:* $1.62T / *Volume:* ∼$36-40B
- *Daily change:* +3.3% to +5.3% in last 24h depending on exchange, +0.9% on the week
*Market vibe:*
Neutral is back! Fear & Greed 50/100 = Neutral (was 26 Fear yesterday), RSI 51.3 = momentum recovered, price back above 20-day MA $80,270 but still below 50-day MA $82,094. US spot ETFs had +$74.6M inflows on Nov 4 after 3 days of outflows, Fidelity FBTC alone +$236.7M. $830M-$983M in shorts liquidated overnight.
Why the pump? US midterms done, political uncertainty gone, stocks rallied, oil dropped 9%, and BTC bounced hard off $75,600 election-night low. Support now $79k-$80k, resistance $81,300-$82,000. Everyone watching US Oct Jobs Report tomorrow Nov 6 at 8:30am ET.
*Funny comment:*
BTC on Nov 3 at $75,736 like "election stress, I need to lie down" — today at $80,470 like "I won the election actually" 😂 Went from almost oversold to posting "we're so back" in 24 hours, liquidated $983M of shorts who thought $76k was the end. That's more comebacks than the Northern line after a signal failure.
- *USD:* $80,470 (+$2,074.84, +2.65% today)
- *GBP:* ~£60,500
- *Open:* $78,394.56 / *High:* $81,196.01 / *Low:* $78,001.77 / *Prev Close:* $78,395.16
- *24h range:* $77,890 - $81,196 / *Market Cap:* $1.62T / *Volume:* ∼$36-40B
- *Daily change:* +3.3% to +5.3% in last 24h depending on exchange, +0.9% on the week
*Market vibe:*
Neutral is back! Fear & Greed 50/100 = Neutral (was 26 Fear yesterday), RSI 51.3 = momentum recovered, price back above 20-day MA $80,270 but still below 50-day MA $82,094. US spot ETFs had +$74.6M inflows on Nov 4 after 3 days of outflows, Fidelity FBTC alone +$236.7M. $830M-$983M in shorts liquidated overnight.
Why the pump? US midterms done, political uncertainty gone, stocks rallied, oil dropped 9%, and BTC bounced hard off $75,600 election-night low. Support now $79k-$80k, resistance $81,300-$82,000. Everyone watching US Oct Jobs Report tomorrow Nov 6 at 8:30am ET.
*Funny comment:*
BTC on Nov 3 at $75,736 like "election stress, I need to lie down" — today at $80,470 like "I won the election actually" 😂 Went from almost oversold to posting "we're so back" in 24 hours, liquidated $983M of shorts who thought $76k was the end. That's more comebacks than the Northern line after a signal failure.