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Bitcoin eyes new all-time high after US Democrats win midterm elections, says crypto strategist DonAlt.

Market News
05 Nov 2026, 10:04 WIB
The Daily Hodl
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Bullish
Bitcoin eyes new all-time high after US Democrats win midterm elections, says crypto strategist DonAlt.

Crypto analyst DonAlt, known for accurate Bitcoin predictions, suggests Bitcoin is set for a rally to a new all-time high following the US midterm elections where Democrats won majorities in both the House and Senate. Bitcoin's monthly chart turned positive after dipping to $75,000, maintaining strong support around $70,000. DonAlt also challenges the bearish view on crypto if Democrats win, noting that stronger regulation could benefit the market. This bullish outlook follows Bitcoin's resilience after a recent Binance hack, echoing a similar pattern before its previous surge from $16,000 to $100,000.

Bitcoin's market cap on Pluang stands at Rp29.233,58 trillion as of November 5, 2026, 15:31 WIB, with a 24-hour trading volume of Rp626,47 trillion. The price is currently Rp1.461.882.209, showing a 1-day increase of 2.66%. Buy orders dominate at 69%, and the typical holding period is 113 days, indicating steady investor interest alongside the recent bullish sentiment linked to US political developments.

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