#BTC has always been higher 12 months after the US midterm elections. After short-term volatility, it simply continued to follow its classic 4-year cycles.
#BTC is currently testing resistance at the midpoint of the ascending channel.
If it manages to break above and hold this level, the upward movement could continue. Otherwise, we may see another correction.
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BREAKING: DEMOCRATS HAVE GAINED CONTROL OF THE HOUSE OF REPRESENTATIVES AND ARE CLOSING IN ON A SENATE MAJORITY - Bloomberg.
Trump stated that he is ready to accept the results of the U.S. midterm elections and work with Democrats in Congress.