🇺🇸 Bitcoin falls after four midterm elections in the US: Will 2026 break this trend?
- In history, Bitcoin has often recorded significant declines after US midterm elections, falling by 72%, 65%, 52%, and 27% following the 2010, 2014, 2018, and 2022 elections, respectively.
- Bitcoin’s performance in Q4 during midterm election years shows mixed results, with a notable gain of 391% in Q4/2010 but declines in subsequent midterm election periods. This suggests that volatility may increase in the period ahead.
- Analysts believe Bitcoin could dip before entering a potential uptrend, with key price levels to watch being around $73,000 on the support side and the $90,000-$95,000 range on the resistance side.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- In history, Bitcoin has often recorded significant declines after US midterm elections, falling by 72%, 65%, 52%, and 27% following the 2010, 2014, 2018, and 2022 elections, respectively.
- Bitcoin’s performance in Q4 during midterm election years shows mixed results, with a notable gain of 391% in Q4/2010 but declines in subsequent midterm election periods. This suggests that volatility may increase in the period ahead.
- Analysts believe Bitcoin could dip before entering a potential uptrend, with key price levels to watch being around $73,000 on the support side and the $90,000-$95,000 range on the resistance side.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
