🇺🇸 US midterms are today and it is bullish for Bitcoin in the long term.
History shows $BTC has always pumped in the 12 months following the last 3 elections.
2014: +24.5%
2018: +44.9%
2022: +92.3%
And this election matters a lot for crypto.
The CLARITY Act is already stalled in the Senate, and if Democrats win, the chances of approval would go down even more.
Not only that, but a Democrat win could even push Trump to launch fresh attacks on Iran, which will result in high oil prices and inflation.
But this will all concern the markets in the short term.
Once the uncertainty around the election and war is over, liquidity will start rotating into crypto, sending our bags to new highs.
$ETH $SOL
History shows $BTC has always pumped in the 12 months following the last 3 elections.
2014: +24.5%
2018: +44.9%
2022: +92.3%
And this election matters a lot for crypto.
The CLARITY Act is already stalled in the Senate, and if Democrats win, the chances of approval would go down even more.
Not only that, but a Democrat win could even push Trump to launch fresh attacks on Iran, which will result in high oil prices and inflation.
But this will all concern the markets in the short term.
Once the uncertainty around the election and war is over, liquidity will start rotating into crypto, sending our bags to new highs.
$ETH $SOL
