Did you know that the peak of the bull run always occurred a year after the US elections, and a significant drop happened two years after the elections?
You have all, of course, heard about the market cycle. Today I decided to study this issue in more detail. I am sharing my research with you. It talks about the price at $BTC
1.
Elections: November 6, 2012. Price - $10.9
Peak: December 4, 2013. Price - $1,237.55
Bottom: February 21, 2014. Price - $111.56
Here the bottom happened not a year later, but almost immediately after the peak, then the price bounced back, but by the end of 2014, the price fell again.
2.
Elections: November 8, 2016. Price - $710.9
Peak: December 17, 2017. Price - $19,083.6
Bottom: December 14, 2018. Price - $3,209.98
3.
Elections: November 3, 2020. Price - $13,738.8
Peak: November 9, 2021. Price - $67,365.4
Bottom: November 21, 2022. Price - $15,811.8
They say that each cycle does not repeat itself and this is true, but there is still an overall trend. Then:
4.
Elections: November 5, 2024. Price - $69,315.4
Peak: Q4 2025. Price $BTC ??
Bottom: Q4 2026. Price $BTC ??
What do you think about this? Write in the comments.
And yet, can Bitcoin reach new highs every cycle and what is its limit?
