Bitcoin Holds $76K Despite Binance Hack and Election Jitters: The Levels That Decide the Next Move

Despite the Binance hack, U.S. election uncertainty and broader market risk, Bitcoin has shown remarkable resilience. The next move now depends on a few very clear levels.

Analysis by CryptoCedric

Bitcoin has had every excuse to break down harder. The market has had to absorb the recent Binance hack, political uncertainty around the U.S. elections, geopolitical tension and a generally nervous macro environment. Yet BTC has continued to hold around one of the most important zones on the chart.

That is what interests me most right now: not the headlines, but how well Bitcoin has behaved despite them.

The bigger picture has not changed

My long-term view remains clear: Bitcoin and gold are scarce assets that can protect against the loss of purchasing power and monetary expansion.

Crises do not always destroy markets; they often lead to more debt, more liquidity and inflation.

Bitcoin has held up better than many expected

On the four-hour chart, Bitcoin is still showing short-term weakness. The structure is bearish on this timeframe, and that is something I am not ignoring. But the important point is that the larger bullish scenario has not been invalidated yet.

![BTC/USD 4H chart]

BTC/USD – 4H chart. Short-term structure remains weak while price holds above the key $76,000 area.