Bitcoin Under $80,000 Might Trigger Risk-Asset Selling Since Bitcoin's paradigm-shift year in 2024, its high-volume price has been around $80,000, which may mark a November ceiling with broader implications. My graphic features the first-born cryptocurrency's failed attempt to stay above this threshold following the midterm elections. That the risk-asset leading indicator was down 6% in 2025 and roughly 13% in 2026, despite the Invesco QQQ Trust Series 1 gaining 20% and about 7%, respectively, may be a sign of a peak. Don't fight the Fed is my key takeaway into year-end, along with heeding the warning from Bitcoin's poor performance since 2024. That year included the cut in supply, or halving, the launch of US ETFs and President Donald Trump's shift to enthusiast from antagonist. The Faustian bargain that helped get a president reelected appears to be unwinding. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/to2rx9vttczz {BI COMD} #Bitcoin #stocks #ETF @BBGIntelligence