Bitcoin Has Historically Rallied After US Midterm Elections
$BTC gained 24.5%, 44.9% and 92.3% during the 12 months following the 2014, 2018 and 2022 US midterm elections, according to a CryptoQuant analyst.
The sample is small, but all three previous midterm cycles were followed by positive 12-month Bitcoin returns.
With another US midterm cycle underway, traders are watching whether the historical pattern can repeat.