Indeed, after the elections in 2012, 2016, and 2020, Bitcoin (BTC) saw a significant increase in the following quarter. However, you need to remember:

1. In the years 2012, 2016, and 2020, at the time of the election, BTC had not reached its all-time high price.

2. At previous election times, the number of people profiting from BTC in those years was still low, below 50%.

BTC in 2024 is completely different from the context of BTC in previous years.

Conclusion: BTC has the potential to break the 100k USD mark by 2025.

However, currently, with the US elections and a 0.5% interest rate reduction on November 8th, BTC may reach an average high of 75k USD. This will serve as a springboard for "big players" to take profits in Q4 2024.

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