History shows that Bitcoin is expected to experience a surge after elections. Interestingly, Bitcoin's price has never been lower than the price on election day and has shown a parabolic rise after each U.S. election. According to the Bitcoin price chart below, in the past three election dates, Bitcoin's price has served as a price bottom, subsequently leading to a parabolic rise.

After the elections, Bitcoin experienced an increase in the following months, ultimately surpassing $69,000 in 2021. Notably, the $13,569 price point during the 2020 election even acted as a support level during the 2022 bear market, further highlighting the significance of Bitcoin's price on election day. What will happen to Bitcoin next?

If history repeats itself, Bitcoin's price trend on election day may lead to a parabolic rise in the remaining two months of 2024 and early 2025. Interestingly, it can be said that Bitcoin's current situation is more likely to experience a parabolic rise than during the past three elections.