Before Trump's midterms, will a steady stream of good news boost U.S. stocks and Bitcoin even higher?
Lifting the ban on Russian diesel could help bring down prices by letting Russian oil back in, after diesel hit a record high of $6.28 per gallon. A possible deal with Iran could reopen the Strait of Hormuz and push oil prices down another notch.
What else might there be? Tariff exemptions, AI subsidies, cash handouts for everyone, crypto-friendly policies... To win the midterms, Trump will surely pull out all the stops.
So Bitcoin and U.S. stocks are likely to keep rising before the election. But afterward, good news gets priced in and turns into bad news.
In all four midterm elections to date, Bitcoin has plunged: -72% in 2010, -65% in 2014, -52% in 2018, and -27% in 2022.
Before the election, the market bets; afterward, it runs. The data doesn't lie, and neither do the patterns.
Are you ready this time? #选举 $BTC
$NVDAB
Lifting the ban on Russian diesel could help bring down prices by letting Russian oil back in, after diesel hit a record high of $6.28 per gallon. A possible deal with Iran could reopen the Strait of Hormuz and push oil prices down another notch.
What else might there be? Tariff exemptions, AI subsidies, cash handouts for everyone, crypto-friendly policies... To win the midterms, Trump will surely pull out all the stops.
So Bitcoin and U.S. stocks are likely to keep rising before the election. But afterward, good news gets priced in and turns into bad news.
In all four midterm elections to date, Bitcoin has plunged: -72% in 2010, -65% in 2014, -52% in 2018, and -27% in 2022.
Before the election, the market bets; afterward, it runs. The data doesn't lie, and neither do the patterns.
Are you ready this time? #选举 $BTC
$NVDAB