Michaël van de Poppe(@CryptoMichNL):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.

2026.11.04 21:26

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.