Bitcoin Price Reclaims $78K: Can BTC Extend Its Recovery Toward $82K?
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Bitcoin reclaimed $78,000 after an early sell-off pushed it below $76,000, reversing losses tied to the U.S. midterm election results that had raised concerns about crypto-friendly legislation. Renewed buying erased the intraday decline and returned BTC to the $78K level. The recovery matters because it signals dip demand despite political uncertainty over the legislative outlook. Traders are now watching whether Bitcoin can extend the rebound toward $82,000 or stall at resistance.
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Bitcoin (BTC), US midterm elections
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