Bitcoin has been fluctuating between 46,000 and 70,000 for 8 months, and the bottom has been very solid. Recently, due to the expectation of Trump's victory, Bitcoin has stood at 68,000, less than 10% from the previous high. Drawing on history, the parabolic cycle in 2012 began after President Obama's second term election, and the bull market trend in 2016 began shortly after President Trump's 2016 election. In the past few months, the price of Bitcoin has risen from a multi-month low of $9,900 to a high of $14,100 less than a week ago. The next parabolic trend of Bitcoin will begin after the 2020 election.