Bitcoin Crashed After Every Midterm… The Election Is Tomorrow
5 extracted signals · 0 resolved · 5 still active
Myles G InvestmentsIndependent analyst profile- Source published
- 03 Nov 2026, 01:59 UTC
- Recorded by Tahlil Plus
- 03 Nov 2026, 08:45 UTC
AI-generated source summary
The market analysis focuses on a bearish outlook for Bitcoin (BTCUSDT) and several other cryptocurrencies including Ethereum (ETHUSDT), Ripple (XRPUSDT), Solana (SOLUSDT), Cardano (ADAUSDT), and a speculative coin PUMPUSDT. The primary reasoning for Bitcoin's bearish prediction stems from its current position below the daily 200 EMA, a level previously acting as support but now potentially signaling a breakdown. Historical data suggests that losing this EMA has led to significant drops (10-30%) in the past. The analysis projects a potential correction for Bitcoin towards $69K-$70K (a 20% drop from the top) or even $61K (a 30% drop). Long positions are advised only once a clear bottom forms, with spot accumulation in the $65K-$72K range. For altcoins like XRP, ETH, and SOL, the predicted trend is also bearish, with potential for further downside. Oil (CLT) is also analyzed with a bearish short-term outlook, with a target of $86 and invalidation if price closes under $86. Geopolitical escalation involving Iran is noted as a potential catalyst for a significant oil price increase towards $110-$120.
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Myles G Investments
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.