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

Kirin said:

Your comment contained a link to telegram, which is hard blocked by reddit.

Stock markets are the same.

It doesn’t matter who wins- what BTC and crypto and general markets will respond to is certainty.

Bitcoin also never dropped below its previous ATH, until it did. This is just garbage.

What if the results take 2 years?

It will drop after the election then run up through holidays hard.

Exactly when does it explode? Right after the news of the new President has been published, or does it take a few days or weeks?

I like this because it makes me feel good.

Knock on wood!!! Way to jinx us now.

With all this glazing, we’re bound to have a post-election crash.

Market cap started to swing in the market between BTC and projects which is a very good sign as well. Last month looks promising.

So we will be at 60k next week? Got ya.

But in your graphic, the 2016 price immediately dips after the election. So that’s not entirely correct.

What about in 2012? That was the last time we had a similar setup.

This time it’s different.

RemindMe! January 1, 2025.

Now this post means we inverse this. Kind of like how we never had a new ATH before the halving.

Good graphs, n=2 means nothing though.

Literally in the 2016 chart you shared, it goes below the election day price…

2016 Election Day Low = $701. 5 Days later the price went down to $683.

LOL we weren’t in a global conflict and global recession those years…