Bitcoin: Hougan Flags Accelerating Adoption

Matt Hougan echoed Scott Melker on November 3, 2026, stating that nothing stops the Bitcoin train and that momentum is accelerating because politicians cannot manipulate its fixed supply.

With midterms unlikely to deliver fiscal restraint, both voices expect more borrowing and currency creation from either party, reinforcing Bitcoin's role as a non-sovereign monetary asset.

Price action on the 4h chart shows BTC at $77334.68 inside the Bollinger Bands, testing upper resistance at $78641.62 while the EMA50 at $78642.09 and EMA200 at $80910.32 cap upside. The MACD golden cross at -468.82 signals building bullish momentum even as RSI at 43.06 keeps conditions neutral, suggesting a potential consolidation toward the lower band support at $76614.76 before any sustained push higher.