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History always loves to repeat itself, and Bitcoin seems to have an inseparable bond with the U.S. elections!
Before the 2012 U.S. elections, Bitcoin plummeted 75% within 80 days, but after the elections, it skyrocketed.
The same happened in 2016, three months before the election, Bitcoin dropped from $750 to $500, a decline of over 30%, but afterwards it rebounded, and a bull market emerged again.
By 2020, two months before the election, Bitcoin also fell by 16%, dropping from around $12,000 to $10,000, but later it consolidated until just before the election when it rebounded, directly surging to $60,000 in May 2021!
Looking ahead to 2024, three months before the election, Bitcoin also slid down to $49,000, but after October 7th, it started a new round of increases.
So, as history teaches us, we can understand the cycles of rise and fall. What seems insignificant at the time, in hindsight, turns out to be inevitable.
Recently, I plan to lay low with a potential coin that is ready to explode, doubling is quite simple, and I am also looking for some potential coins to hold until the end of the year, with an expected growth of over 10 times being no problem. If you want to keep up, follow me for free sharing.
