$BTC is broken!!! Bitcoin may not have reached its true bottom yet. Even stranger, the true bottoms in the past three Bitcoin bear markets all came after the U.S. midterm elections.
I looked through the historical data and noticed a pattern worth paying attention to.
In 2014, BTC bottomed 71 days after the midterm elections.
In 2018, BTC bottomed 39 days after the elections.
In 2022, BTC bottomed 13 days after the elections.
Now let's look at how BTC performed in the year after each election.
In 2014, BTC rose about 25%.
In 2018, BTC rose about 45%.
In 2022, BTC rose about 92%.
This year's U.S. midterm elections are scheduled for November 3. If we use the longest historical window of 71 days, that brings us to January 13, 2027.
What will be more worth watching from here is Fed liquidity, market leverage, and changes in the holdings of long-term investors.
History won't hand you money according to a calendar. But sometimes, the biggest opportunities appear just when most people no longer believe in history.
Could January 2027 be another opportunity like that? #MidtermElections
I looked through the historical data and noticed a pattern worth paying attention to.
In 2014, BTC bottomed 71 days after the midterm elections.
In 2018, BTC bottomed 39 days after the elections.
In 2022, BTC bottomed 13 days after the elections.
Now let's look at how BTC performed in the year after each election.
In 2014, BTC rose about 25%.
In 2018, BTC rose about 45%.
In 2022, BTC rose about 92%.
This year's U.S. midterm elections are scheduled for November 3. If we use the longest historical window of 71 days, that brings us to January 13, 2027.
What will be more worth watching from here is Fed liquidity, market leverage, and changes in the holdings of long-term investors.
History won't hand you money according to a calendar. But sometimes, the biggest opportunities appear just when most people no longer believe in history.
Could January 2027 be another opportunity like that? #MidtermElections