Cointelegraph and CryptoBriefing disagree on whether Bitcoin shows a historical bearish pattern around US midterm elections.
Cointelegraph and CryptoBriefing disagree on whether Bitcoin shows a historical bearish pattern around US midterm elections.
What all sources agree on
Bitcoin held above its 100-day moving average ahead of the US midterm elections.
The week includes US midterm elections, Apple and Palantir earnings, and the October jobs report.
Analyst Rekt Capital compared Bitcoin's current chart to its 2023 recovery.
A support zone near $76,300 is identified as significant and aligned with the 100-day moving average.
Where the reports disagree
1Whether Bitcoin's performance in past midterm years shows a clear bearish pattern
Bitcoin ended the fourth quarter lower in each of the past three US midterm election years, falling 17.3% in 2014, 43.5% in 2018 and 14.8% in 2022. All three periods coincided with Bitcoin bear markets.
Cointelegraph 2026-11-02 09:41
Bitcoin's performance across previous midterm cycles has been mixed, with no definitive pattern.
CryptoBriefing 2026-11-02 09:56
What would settle it: Historical BTC/USD quarterly price data for Q4 of 2014, 2018, and 2022 from a verifiable market data provider.
What to make of it
Treat the shared technical levels (100-day moving average, $76,300 support) and the week's calendar of events as established; do not treat claims about a historical midterm-year price pattern as settled, since the two outlets characterize the same history differently.
Treat the shared technical levels (100-day moving average, $76,300 support) and the week's calendar of events as established; do not treat claims about a historical midterm-year price pattern as settled, since the two outlets characterize the same history differently.
Originally reported by AltcoinGordon, written by Ethan Mercer. Republished with permission.
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