Post
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
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$67,277.1-0.02%
ETH/USDTEthereum
$1,899.59-0.02%
SOL/USDTSolana
$75.41-0.06%
Today’s market buzz
1#NVIDIA contacts Arm CEO Haas, internally predicting new CEO candidate
2#US October PPI year-on-year 6.5% below expectations
3#Anthropic launches IPO roadshow, valuation rebounds to $1.8 trillion
