How do the US elections affect the chart $BTC

High-profile events often bring adjustments to the market; the chart shows that before the elections there is usually a slight increase, and also after the elections there is an upward trend.

And this is happening because the old administration is pushing the markets to show its power and prosperity under them.

The new government also needs to prove itself well and show the people that they made the right choice.

Geopolitical uncertainty immediately after the elections has a significant impact and investors have to look for defensive assets.

I remind you that new elections in the United States will be held on November 5, 2024.