3 MIDTERM ELECTIONS, 3 TIMES BITCOIN FOUND A BOTTOM. DOES HISTORY REPEAT ITSELF? 👀
A noteworthy statistic on the monthly BTC chart:
🔻 2014: BTC bottomed at $175.64, 71 days after the election.
🔻 2018: BTC bottomed at $3,185, 39 days after the election.
🔻 2022: BTC closed at a bottom of $15,758, just 1 day after the election.
The common thread: All 3 occurred during bear markets, after which Bitcoin entered a recovery cycle.
But 2026 has one key difference.
The cycle bottom so far appeared in late June, before the November midterm elections. The historical pattern is being put to the test.
My take:
Midterm elections can be an important psychological milestone, but they are not the direct cause of a bottom.
Don't rely on history alone to call the bottom. Pay attention to capital flows, liquidity, and market structure.
Will 2026 break the pattern, or is Bitcoin preparing for a new cycle?
#Bitcoin #BTC #Crypto #MarketCycle
A noteworthy statistic on the monthly BTC chart:
🔻 2014: BTC bottomed at $175.64, 71 days after the election.
🔻 2018: BTC bottomed at $3,185, 39 days after the election.
🔻 2022: BTC closed at a bottom of $15,758, just 1 day after the election.
The common thread: All 3 occurred during bear markets, after which Bitcoin entered a recovery cycle.
But 2026 has one key difference.
The cycle bottom so far appeared in late June, before the November midterm elections. The historical pattern is being put to the test.
My take:
Midterm elections can be an important psychological milestone, but they are not the direct cause of a bottom.
Don't rely on history alone to call the bottom. Pay attention to capital flows, liquidity, and market structure.
Will 2026 break the pattern, or is Bitcoin preparing for a new cycle?
#Bitcoin #BTC #Crypto #MarketCycle
