📉 $BTC — A CORRECTION IS POSSIBLE, BUT A NEW CYCLE LOW?
In the last three U.S. midterm cycles, Bitcoin experienced significant corrections after Election Day.
But there's one important difference this time.
In 2014, 2018 and 2022, Bitcoin's cycle bottom came 13 to 71 days after the midterm elections.
This time, BTC already printed its cycle low months before the election.
That's a major difference in market structure.
My view?
A correction from current levels wouldn't surprise me. But I don't necessarily expect it to produce a new cycle low.
The historical pattern is worth watching, but three cycles aren't enough to establish a rule.
A pullback doesn't automatically mean the bull cycle is over.
$ETH $XRP
#USMidtermsAhead-WhereWillMarketGo
In the last three U.S. midterm cycles, Bitcoin experienced significant corrections after Election Day.
But there's one important difference this time.
In 2014, 2018 and 2022, Bitcoin's cycle bottom came 13 to 71 days after the midterm elections.
This time, BTC already printed its cycle low months before the election.
That's a major difference in market structure.
My view?
A correction from current levels wouldn't surprise me. But I don't necessarily expect it to produce a new cycle low.
The historical pattern is worth watching, but three cycles aren't enough to establish a rule.
A pullback doesn't automatically mean the bull cycle is over.
$ETH $XRP
#USMidtermsAhead-WhereWillMarketGo
