Every time before and after the US elections, the price of Bitcoin seems to experience a wave of 'magical performance', which has become a small rule in the market. Looking back at the last three election cycles, the last quarter before the election usually shows some caution, while the first quarter after the election often welcomes a wave of growth.
Reviewing history:
From the end of 2012 to the beginning of 2013, Bitcoin quietly entered a rising trajectory. From the end of 2016 to the beginning of 2017, the price of Bitcoin directly entered an acceleration mode, with astonishing growth. Then from the end of 2020 to the beginning of 2021, that was a super bull market that was completely recorded in history! After each election, the flow of market funds and emotions seems to be reignited.
How to understand it now?
The 2024 election cycle is underway, and historically, this phase may be a good time to observe market sentiment. If historical patterns continue to play out, early 2025 may again be the starting point of a big market trend. Of course, this also depends on whether market funds, policy environment, and other factors are favorable.
This time, can we witness a new round of growth? It is worth looking forward to!