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taishiro
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The midterms could become a major catalyst for crypto, especially if the election reshapes the regulatory direction in Washington.
The industry has reportedly poured $233M into political influence, showing how much is at stake.
But I wouldn't treat the election as a guaranteed BTC reversal signal. Macro data, liquidity and market structure still matter.
$90K is a reasonable upside target to discuss, but BTC needs confirmation first.
#USMidtermsPolicyOutlook
#美国中期选举在即,哪些结果值得关注?
The midterm elections are approaching, which results should we pay attention to?
After the midterm elections, BTC will complete its fourth wave of decline!
The fifth wave of rally will begin! It is expected to reach 90,000 initially!
The U.S. midterm elections are just around the corner. This is not only a political battle to decide control of Congress but also a critical point that will affect subsequent fiscal policies, legislation, and the fate of the crypto industry. This election will renew all 435 seats in the House of Representatives and 35 seats in the Senate, with results directly determining future policy directions and regulatory agendas.
One very noteworthy aspect of this election is the deep involvement of the crypto industry. To secure favorable policies and legislative proposals, the crypto sector has invested substantial real money through political action committees. According to Public Citizen, as of October 23, political donations from related companies have already reached approximately $233 million. This indicates that crypto forces are attempting to reshape Washington's regulatory environment through political contributions.
For investors, November is destined to be an extremely busy month. Besides the midterm elections, non-farm payroll and CPI data will be released intensively, and crypto events will also take place simultaneously. In this turbulent autumn, BTC is currently showing a slight increase of 0.55%, and the market seems to be holding its breath, waiting for the final shoe to drop. $BTC
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