Bitcoin consistently displays a pattern during U.S. election cycles, beginning with a temporary dip before experiencing a strong rally in the aftermath. This trend has been observed during the 2016, 2020, and 2024 elections, with Bitcoin dropping 10.2%, 6.1%, and 6.3%, respectively, before its value rebounded.
The upcoming election raises speculation about whether this predictable rebound will continue for Bitcoin. Historical patterns suggest the possibility of a similar post-election recovery, as Bitcoin tends to follow a cyclical behavior surrounding these major political events.
With tomorrow’s election day approaching, market participants remain eager to see whether Bitcoin’s post-election rallying pattern will persist, given its historical consistency during previous election cycles.
منبع: www.thecoinrepublic.com ↗
