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DonAlt says Bitcoin could retest all-time high after US midterms

NewsFeeds update

Crypto analyst DonAlt said Bitcoin's rebound from $75,000 on 4 Nov turned its monthly candle positive and could set it up for another run at its all-time high, with $70,000 support possibly forming a higher low. He said the pattern echoes the 2022 FTX reversal.

BitcoinCoinNessAIBullish

Read the original on CoinNess

The story so far: Bitcoin and US midterm election patterns

CoinDesk noted Bitcoin averaged 53.7% gains in the year after US midterms, possibly tied to the halving cycle. CryptoQuant data now shows a 63% median 12-month return after midterms since 2010, though it says 2026 looks different. DonAlt said Bitcoin's rebound from $75,000 turned its monthly candle positive and could…

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  1. CoinDesk says Bitcoin averaged 53.7% gains in year after US midterms

  2. Coin Bureau says past Bitcoin cycle bottoms came soon after US midterms

  3. CryptoQuant data shows Bitcoin's 63% median gain after US midterms

  4. DonAlt says Bitcoin could retest all-time high after US midterms

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  3. Analyst Ai Yi says hacker address's 20x ETH short and BTC long total about $20m

    BitcoinOdailyAIBearish

Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.