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Bitcoin Flips a 12-Year Midterm Pattern. Can It Hold Through Friday?

Bitcoinist
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Bitcoin Flips a 12-Year Midterm Pattern. Can It Hold Through Friday?

Bitcoin crossed its most telling election-day threshold before a single vote was counted. On the morning of November 3, BTC traded near $76,990, roughly $3,821 above its 200-day moving average. On each of the previous three U.S. midterm election days, Bitcoin was still trading below that line. That gives investors a more meaningful number to […]

Key Takeaways

  1. Bitcoin crossed its most telling election-day threshold before a single vote was counted.
  2. On the morning of November 3, BTC traded near $76,990, roughly $3,821 above its 200-day moving average.
  3. On each of the previous three U.S.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.