Description
The last time Wall Street quit Bitcoin this hard, in July, it was the low of the year. Now every dollar that poured into Bitcoin ETFs this year has walked back out: from more than $3.2 billion in May to minus $60 million after Tuesday, with $405 million leaving BlackRock's ETF in a single day. Here's who is really selling, the one line Bitcoin has to hold now the midterms are over, what Bitcoin did in the 12 months after the last three midterm elections, and why fear like this has been one of the best times to dollar cost average. And this week the channel turned ten. Thank you for being here.
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Bitcoin tested last week's double safety net (the 50-week and 200-day averages), dipping to about $75,700 overnight before bouncing. Stablecoins are down about $12 billion in a month since the Binance hack, Paraguay's central bank shut down ueno bank, Brent fell more than 7% on Monday on Iran talk, and traders still put a 75% chance on a Fed hike in December. This video is for long-term holders, not traders looking for a price call.
Data as of 4 November 2026. Sources: Yahoo Finance, TradingView, Farside, DefiLlama, alternative.me, Kalshi, AP, Reuters, Axios.
Mentioned in this video
Bitcoin Isn't the Problem. Debt Is. (27 Oct): https://youtu.be/1guP4UIr9do
There's a Coordinated Attack on Self Custody (2 Nov): https://youtu.be/eo_85JVEpB4
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Learning Crypto is run by Heidi and Toby, who have covered Bitcoin and self-custody on this channel since 2016. We hold Bitcoin. Nothing here is financial advice and we are not licensed advisors. Markets are volatile, do your own research, and never invest more than you can afford to lose. We will never message you first on any platform; anyone who does is not us.
#Bitcoin #BitcoinETF #BlackRock #Midterms #SelfCustody