Bitcoin staged a sharp V-shaped recovery after the US midterm elections, briefly falling below $76,000 before rebounding toward $78,000. The psychological $80,000 threshold is now about 2.56% above the reference level, but buyers must first reclaim the 200-period hourly exponential moving average. Further confirmation would require breaking the four-hour resistance zone, stronger trading volume and a sustained move above the daily moving-average structure. Until these conditions are met, the rebound may remain a temporary bounce within a fragile technical structure.
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