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Bitcoin Rebounds After Democratic Sweep Despite ETF Outflows

Bitcoin rose above $78,000 after the Democratic sweep in the midterm elections, despite $1.157 billion in US spot ETF outflows over three sessions ending November 3. Analyst Ryan Kirkley's $90,000 year-end recovery forecast depends on stabilizing ETF flows, liquidity, and macro confidence. Bitcoin briefly fell below $76,000 as election results emerged, but recovered above $78,000 on Wednesday.

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