📉 BTC — first a crash, then a bull run?

Two analytical reports warn of a challenging period ahead for BTC:

🐻 K33 Research: excessive leverage in the futures market leaves Bitcoin vulnerable to sharp crashes and liquidations

📊 10x Research: the historical average returns for BTC after US midterm elections look like this:

— After 1 month: −13.6%

— After 2 months: −21.6%

— After 4 months: −13.3%

— After 6 months: +3.5%

— After 12 months: +53.9%
$BTC