Analysts split: Killa sees bitcoin rebound, Ali Charts warns of midterm election curse
- —Killa: the weekend drop came on thin orderbooks, with sentiment quickly pricing a 5–10% further decline
- —Killa: price structure mirrors the 2023 bull market, suggesting a higher low may form
- —Ali Charts: BTC fell 72%, 65%, 52% and 27% around the 2010, 2014, 2018 and 2022 midterms
- —US midterm elections are set for November 3
Why it matters: The coming week will show whether the $80,000 support holds and an Uptober rebound materializes, or election-cycle pressure takes over.
Source: Blockmedia