Will history repeat itself again? In every U.S. election, the market tends to start a bull market after a significant drop.
Three months before the 2012 U.S. election, the market plummeted by 75% before beginning a wild rise.
Three months before the 2016 U.S. election, the price of BTC dropped from 750 to 500, a decline of 30%, and then hit the bottom to start a major bull market.
Two months before the 2020 U.S. election, BTC fell from 12000 to 10000, a decline of about 16%, before entering a consolidation period until May 2021, when it surged directly to 60000 points.
Three months before this year's U.S. election, the drop started in August, plunging to around 49000. In October, it began to rise, and history is always remarkably similar.
Will BTC rise above 100,000 points by the end of the year or next year?
The first round of the current market rise has ended; when will the second round of increases begin? Click on the homepage to follow for timing and strategies for spot layout.
