Bitcoin has a certain pattern around U.S. election cycles, dipping briefly and then rallying strongly post-election. In 2016, 2020, and 2024, BTC dropped by 10.2%, 6.1%, and 6.3%, respectively, before recovering. Will tomorrow’s election bring about a similar BTC rebound?
Post-Election Pattern: BTC Dips, Then Rallies Strongly Each Cycle
Bitcoin has followed a historically consistent price pattern in the lead-up to U.S. elections, dipping briefly and then rallying hard.
In 2016, BTC dropped by 10.2%, in 2020 it fell by 6.1%, and this year saw a 6.3% decline. The pattern shows that elections can temporarily send the market crabbing, but good old Bitcoin always comes back, increasing the hope of patient investors in periods like this.
If you understand this then you wouldn’t be selling like a complete and utter faggot.
FEW.#BTC #MAGA pic.twitter.com/gJFy7HpJDX
— Crypto Lord (@Thecryptolord_) November 3, 2024
The recent data proposes that selling BTC on election-induce
We współpracy z: https://www.thecoinrepublic.com/2024/11/04/bitcoin-post-election-trend-dip-then-strong-rally-again/
