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The Midterms Couldn't Stop Bitcoin!

Coin Bureau · · 09:58 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $80,3594-hour candle close · 5 Nov 2026, 08:00 UTC · BTC/USDT

On Bitcoin

No change since their last video.

Views

  • Next days (next 1–7 days): Waiting on 80k (timeframe is our reading): So, can we say it has definitely reclaimed 80K? Well, not quite yet. Bitcoin has pushed back above this key level, but it hasn't yet proven that it could hold that level ▶ 04:31

If this, then that

  • If Bitcoin clears 85K, then 87k (next weeks): In the bullish case, Bitcoin clears 85K. That support gets worked through and the 87K high would likely go quickly after. ▶ 06:08
  • If Bitcoin gets rejected at 80K and is sent back down to 75K, then 75k (next days): On the flip side, getting rejected at 80K and sent back down to 75K would undo the whole picture. ▶ 06:16

Levels named

  • 87k: Target (previous high that would likely be reached quickly if 85K is cleared): In the bullish case, Bitcoin clears 85K. That support gets worked through and the 87K high would likely go quickly after. ▶ 06:08
  • 85k: Resistance (zone that rejected Bitcoin four times this year, with long-term holder cost basis overhead): Then there's 85K, a zone that has rejected Bitcoin four times this year. ▶ 05:54
  • 81.5–82k: Resistance (average cost basis of the US spot ETF buyer): The first hurdle is at around 81.5K to 82K. That's where the average cost basis of the US spot ETF buyer is. ▶ 05:45
  • 80k: Support (80K flipped from support to resistance on the 29th of October and needs to be reclaimed as support): So 80K is the line. 85K is the next possible major test. And 75K is the floor that has to hold. ▶ 06:28
  • 75k: Support (downside target that never broke and the floor that has to hold): So 80K is the line. 85K is the next possible major test. And 75K is the floor that has to hold. ▶ 06:28

Their own position: Not said.

Dates named

  • Clarity Act must clear the Senate before Congress ends on 3 Jan 2027: If it doesn't get through before this Congress ends on the 3rd of January, it effectively has to start over.
  • US midterm elections on 3 Nov 2026: The Bears got their election night flush just slightly before election night started.