Bitcoin Has Never Retraced Below Its Election-Day Price: Historically BTC Explodes Post-U.S. Elections

Market Analysis
62

BTC rallied under Democratic & Republican administrations.

63

Carmine said:
BTC rallied under Democratic & Republican administrations.

True, it doesn’t matter who wins. Bitcoin is destined to move up in price with occasional flushes.

64

Junita said:

Carmine said:
BTC rallied under Democratic & Republican administrations.

True, it doesn’t matter who wins. Bitcoin is destined to move up in price with occasional flushes.

Bitcoin is probably just happy that the travesty is over, like everyone else.

65

Junita said:

Carmine said:
BTC rallied under Democratic & Republican administrations.

True, it doesn’t matter who wins. Bitcoin is destined to move up in price with occasional flushes.

True, doesn’t matter who wins, Bitcoin is destined to move up in price with occasional flushes

I feel like ‘destined’ is a strong word here.

66

Carmine said:
BTC rallied under Democratic & Republican administrations.

One could even argue the biggest percentage gains came under Democratic administrations.

67

Luchivya said:

Carmine said:
BTC rallied under Democratic & Republican administrations.

One could even argue the biggest percentage gains came under Democratic administrations.

Not looking at the full 4 year terms.

68

Carmine said:
BTC rallied under Democratic & Republican administrations.

What if we vote Bernie?

69

Carmine said:
BTC rallied under Democratic & Republican administrations.

Yup and we don’t need Trump or Harris, or either party to be ‘pro crypto’ either. We just need them to not be hostile.

70

Markets hate uncertainty.

71

Wray said:
Markets hate uncertainty.

We are certain about 100k this time.

72

Marston said:

Wray said:
Markets hate uncertainty.

We are certain about 100k this time.

100k EOY 2021, let’s go!

73

Wray said:
Markets hate uncertainty.

Release the Bulls!

74

Cool story. The problem with the predictive chart is it forgets about liquidity.

75

Mason said:
Cool story. The problem with the predictive chart is it forgets about liquidity.

Is it 2021 again?

76

Mason said:
Cool story. The problem with the predictive chart is it forgets about liquidity.

Exactly. The question of where the extra money comes from becomes super important.

77

Correlation, not causation. You could probably create a similar chart based on the Olympics or Euros (football).

78

No dip November confirmed. Thanks OP.

79

Bitcoin also rallies after each release of Dune.

80

As long as they keep printing, BTC is gonna keep going up.

81

Hari said:
As long as they keep printing, BTC is gonna keep going up.

Simple as this.