Bitcoin Post-Midterm Election Trend Breakdown: Three Key Price Levels, Bottom Signals, and Whale Long/Short Positions

BlockBeats news, November 9th, according to Galaxy Research, after the Democratic Party won control of both houses of the U.S. Congress, key crypto legislation is expected to see little substantive progress, but executive regulatory agencies can still continue to clarify crypto rules within existing statutory authority. The post-election rebound in Bitcoin has failed to continue; how should we assess the downside risk and rebound conditions going forward? This issue breaks down three key price levels, bottom confirmation signals, and the newly added whale long and short positions after the election.