Ash Crypto, with more than 1 million users on X, made a revelation about how much the Bitcoin price was worth after each US election since 2012.
The expert’s post suggests that there is a kind of correlation between BTC price and the United States election.
1 YEAR AFTER EVERY US ELECTION HAS ALWAYS SEEN A SIGNIFICANT SURGE IN #BITCOIN PRICES:•2012: $10$1,166 •2016: $690$19,700 •2020: $13,900$69,000NOW THAT BITCOIN HAS BECOMEA NATIONAL ISSUE IN THE 2024ELECTIONS.$100,000 BTC IS COMING IN 2025
— Ash Crypto (@Ashcryptoreal) August 9, 2024
Based on his post, there has been a significant increase for Bitcoin following the elections.
After the 2012 elections, the price grew from $10 to $1,166. Following the 2016 elections, it grew from $690 to $19,700. And in 2020, the price rose from $13,900 to $69,000.
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The crypto analyst noted that this time is different since Bitcoin has now become a national issue and crypto has been in the talks and plans of the main presidential candidates.
Based on this, he sees a spike to $100,000 in 2025.
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The post These US Election Metrics Point to When Bitcoin Could Spike to $100,000 per BTC appeared first on CaptainAltcoin.
