The US presidential elections are just around the corner, with the world’s largest economic force anticipated to choose between continuing with a similar path as the past four years or changing its course completely if they go with Republican candidate Donald Trump.
While the economic consequences will impact millions and millions of people, the crypto community is anticipating how it will affect bitcoin and altcoins.
Never Below $70K Again?
The popular crypto trader EllioTrades showcased a compelling chart earlier today. It indicates that the election week on all three previous occasions in the US during BTC’s existence actually marked a low for the asset that was never repeated again. Meaning, that its valuation has never gone below that level since the last week before the 2012, 2016, and 2020 elections.
Every US election week in Bitcoin’s history has been the lowest price it will ever be again
4 days left
Tick Tock
h/t @KrownCryptoCave pic.twitter.com/JNXSRqvMJ5
— EllioTrad

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