History is always surprisingly similar. Bitcoin has a special relationship with the US election!
2012 US election: Bitcoin plummeted 75% 80 days before the election. After the election, it started to rise wildly!
2016 US election: Three months before the US election, the price of Bitcoin fell from about $750 to a low of $500, a drop of more than 30%. It also started a bottoming out and rebounding bull market
2020 US election: In the first two months, Bitcoin fell sharply by about 16%, from $12,000 to about $10,000, and then fell into a shock consolidation, and did not rebound until the critical moment before the election. It went straight to 60,000 in May 21!
2024 US election: Three months before the election, the waterfall on August 5 was 49,000, and a new round of highs began on October 7.
