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Venturer09
BITCOIN AND THE US MIDTERMS : WHAT HAPPENED LAST 3 TIMES
Midterms are Nov 3, Here is how $BTC behaved around 2014, 2018 and 2022 :
Q4 of the midterm year :
2014: ~-17%
2018: ~-42%
2022: ~-15%
The 12 months after the election :
2014: ~+24%
2018: ~+45%
2022: ~+92%
In each cycle, the major low came within 71 days of the vote
Three data points are not a pattern, and each cycle had its own driver (bear markets, FTX in 2022)
But traders will be watching
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