Will the crypto market hold its ground? We saw Bitcoin retreat to the $75K level as the midterm elections approached, but buyers regained momentum as of November 4. A Democratic victory in the midterms could shift the balance in the near future, potentially requiring U.S. President Donald Trump to adopt a more conciliatory stance. We would like to see weekly closes above the $82K level for Bitcoin, which could reignite the altcoin market, especially with this development. I previously noted that the weekly chart shows no significant bearish setup; a resurgence of buyer activity in the near term would be positive. Others’ market cap must defend the $200B level—this period will be critical in that regard as well.