Bitcoin prices surged 3.7% on Nov. 5 amid volatility from the U.S. presidential election. BTC/USD rose to $70,300 on Bitstamp but quickly retreated to $69,500. The sudden move was mostly driven by liquidation of short positions. Analysts say Bitcoin is similar to its previous performance in election years. According to CryptoQuant, Bitcoin has generally gained in value in past elections. A positive post-election catalyst could send prices higher. Do you think this trend will continue? Share your thoughts in the comments.