Bitcoin's 'Volatility Curve' Has a Midterm Bump
6 Articles
6 Articles
Bitcoin Fell After 3 Straight Midterms, and Tuesday Could Make It 4
In each of the last three cycles, bitcoin bottomed 13 to 71 days after a U.S. midterm election. Americans vote again on Tuesday, and Polymarket gives a Democratic sweep 72% odds. The Midterm Pattern Crypto researchers have bitcoin’s last three cycle bottoms came soon after the U.S. midterms: In 2014, the low arrived 71 days […]
The US mid-term elections take place on Tuesday, November 3rd and they could have a significant impact on the trend of all active classes. For Bitcoin, this could be the starting point for a recovery after the correction of October. Here are the explanations and analysis of Vincent Ganne's article Mid-term elections in the United States: bullish impact on Bitcoin? Vincent Ganne's analysis appeared first on Cryptoast.
Bitcoin Faces U.S. Midterms as Historical Cycle Pattern Returns Bitcoin News ETHNews
Bitcoin reached major bear-market lows after the 2014, 2018 and 2022 U.S. midterms, although each downturn had different causes. Previous post-election declines challenge the assumption that congressional votes immediately trigger cryptocurrency recoveries. Weak technical momentum and declining futures open interest leave Bitcoin vulnerable ahead of the November 3 election. Bitcoin is trading near $78,000 ahead […]
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