Bitcoin (BTC) could fall toward its long-term support levels before the 2026 U.S. midterm elections if a historical pattern identified by TradingShot plays out.
Notably, ahead of the November polls, Bitcoin has staged a strong recovery over the past week, at one point climbing above the $80,000 level.
As of press time, the cryptocurrency was trading at $78,379, down 1% in the last 24 hours but up 21% over the week.
Bitcoin seven-day price chart. Source: Finbold
At current levels, Bitcoin remains in a strong uptrend, trading well above its 50-day SMA of $65,787 and 200-day SMA of $69,157, highlighting sustained bullish momentum.
Against this backdrop, a TradingShot analysis shared on TradingView on August 26 shows that Bitcoin declined during the three months preceding each of the last three U.S. midterm elections in 2014, 2018, and 2022, eventually bottoming near its weekly 200-week moving average or lower.
Bitcoin price analysis chart. Source: TradingView
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We współpracy z: https://finbold.com/bitcoin-price-prediction-for-2026-midterm-elections/
