Published 5 Nov 2026, 09:04 UTC · fetched 5 Nov 2026, 09:26 UTC
Michaël van de Poppe
@CryptoMichNL
Quoting · 4 Nov 2026, 21:26 UTC · context given to the AI
Big breakout on #Bitcoin today after the Democrats have won the midterms. It's about to flip its downtrend into an uptrend, and there are some levels that are important to watch. First of all, the best case would be to hold $79,800 as that would mean that buyers are extremely willing to be getting into the markets again. Honestly, I would expect ETF flows to be massive today (inflow big time). Secondly, if this upper level doesn't hold, I'm interested into finding support at $79,000 area. If that doesn't hold, markets are in trouble. If it does, we'll be in for a big breakout coming 7-10 days on the markets and the trend to shift back into an uptrend.Holding above $79,000 is a strong signal for #Bitcoin. From a technical point of view, that's the area that should hold to build momentum. Given that we've just seen the first impulse in the market, I think there will be a much stronger breakout in the coming weeks as a follow-up.View original on X ↗
Deterministic: the same prices and policy always give the same result
pending Matures 2026-11-12T09:04:52.000Z
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction