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Bitcoin Price Analysis: Bullish BTC Shift Eyes $81,971

Bitcoin traded near $78,222 on a Binance hourly chart after a sell-off on October 30. A bullish market structure shift brought $78,804 into focus, with $81,971 as a higher objective. The analysis arrived as prediction markets favored a Democratic congressional sweep ahead of the November 3 U.S. midterms. However, neither market provided evidence of politically driven BTC purchases. Bitcoin rebounded after a drop toward $76,000 on October 30, interrupting its previous declining sequence. The price analysis places $78,804 at internal range liquidity, with $81,971 as an external liquidity level. Despite the recovery, neither market identifies BTC buyers or proves political positioning, but a survey of investors found 71% expected Bitcoin below its late-September reference price under Democratic control.

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