[Analysis: Despite the Fragile Bitcoin Recovery, Its Price Could Still Reach $150,000 by 2027] According to Crypto Briefing, Utkarsh Ahuja, founder and managing partner of Moon Pursuit Capital, stated that Bitcoin's rebound after the US midterm elections is still a fragile easing rally, not a confirmed recovery. He pointed out that Wednesday's rise reflected easing buying and short covering after the election eliminated some political uncertainty, but the recovery quickly reversed on Thursday as selling pressure returned. Bitcoin briefly recovered $80,000 on Wednesday but fell to around $75,000 on Thursday. Ahuja believes the market may have already priced in some of the probability of a Democratic victory, and continued weakness in November would not be surprising. However, he remains constructive on the long-term outlook, believing that if liquidity improves and institutional demand continues to return, Bitcoin could rise to the $120,000 to $150,000 range by the end of 2027.