Bitcoin · US Congress · Republicans · Blue Origin · Democrats · 99Bitcoins
Rekt Capital warned overnight that Bitcoin kept failing at $78,000, with lower highs on the 3-day chart
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The midterms are over, and BTC USD survived them.
Key facts
- Bitcoin (BTC USD) climbed back to $78,500 on Wednesday, November 4, hours after dipping to $75,736, as Democrats won control of both the House and the Senate in a US midterm blue wave traders
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- Bitcoin slid nearly 3% from its pre-poll level as results came in on Tuesday night, touching its lowest price since mid-September around 03:00 UTC, or 10 pm in New York
- Rekt Capital warned overnight that Bitcoin kept failing at $78,000, with lower highs on the 3-day chart
Summary
BTC USD Price Analysis: Can Bitcoin Get Back Above $80,000? Bitcoin (BTC USD) climbed back to $78,500 on Wednesday, November 4, hours after dipping to $75,736, as Democrats won control of both the House and the Senate in a US midterm blue wave traders had largely seen coming. Bitcoin slid nearly 3% from its pre-poll level as results came in on Tuesday night, touching its lowest price since mid-September around 03:00 UTC, or 10 pm in New York. The result itself wasn’t a shock. So did traders sell Bitcoin to punish the Republicans, or to get through the count?