PANews, August 17, according to Cointelegraph, cryptocurrency analyst Matthew Hyland said that if Bitcoin follows the pattern of previous US election years, the recent lack of momentum may be significantly reversed. Matthew Hyland explained: “Think back to August 2012, when there was a massive crash in the stock market. Then the stock market slowly entered the U.S. election cycle. After the election, the stock market began to rise sharply. It is expected that Bitcoin will also see this trend, and it will There are some fluctuations, but not too crazy. The price of Bitcoin may remain within the current range for a period of time, and then may come out of this range in October and November.” However, Markus Thielen, head of research at 10x Research, suggested that Bitcoin holders should wait and see until the asset price falls below $40,000 in order to get the best entry price before the next bull market arrives.