Michaël van de Poppe, founder of MN Trading and a prominent market analyst, posted on X today, November 4, 2026, that markets have reached a turning point after the recent election results. He declared, "Markets have bottomed, it’s time to proceed towards new all time highs for #Bitcoin. It’s the classic ‘Sell the rumor, buy the news’ type of event. The win by the Democrats was already priced in, and to be honest, this situation is way better for the markets than the past two years."
Van de Poppe's comments follow a period of volatility for digital assets. Bitcoin has recently held above $77,000, currently trading at $78,299, marking a 2.1% increase over the past 24 hours. This resilience comes despite Bitcoin ETFs shedding $1.04 billion recently, attributed in part to election uncertainty and security concerns surrounding Binance. Recent Gokhshtein Media coverage noted institutional accumulation growing alongside Bitcoin's stability.
Van de Poppe's view suggests that the market had already factored in the election outcome, and the clarity provided by the Democratic victory removes a key overhang. He implies that the current environment is more favorable for markets than the previous two years, setting the stage for Bitcoin to break its previous records. Investors may now watch for sustained institutional inflows and a reduction in market fear, which currently stands at 34 on the Crypto Fear & Greed Index.
