Michaël van de Poppe: Midterms Quietly Bullish for Crypto

Michaël van de Poppe highlights the gap between expected post-midterm chaos and actual price action, with Bitcoin and Ethereum holding near prior levels despite the Democrat victory and record Binance hack.

The analyst points to restored market equilibrium from reduced unpredictability, falling oil from the $116 top, and declining 10-year yields channeling liquidity into risk assets while AI regulation funnels capital toward crypto payment rails.

Bitcoin trades at $75005.62 inside the Bollinger Bands on the 4h chart, with price testing upper resistance at $76881.68 while the EMA50 at $76774.33 and EMA200 at $79932.97 cap upside; the MACD death cross at -688.5 reinforces bearish structure, yet neutral RSI at 40.64 suggests the obvious sweep of $75K support near the lower band at $74307.5 will likely mark the bottom before continuation higher.