Farcaster

US Elections ALWAYS Marked an Absolute Bottom on Bitcoin!

Take a look on the Bitcoin Chart since from 2012. There were three US presidential elections, each 1W candle which contains elections, marked an absolute bottom and the beginning of the bullish market: 

Back in 2012, 1W candle closed at $11 and led to a +10,900% pump
Back in 2016, 1W candle closed at $742 and led to a +2,600% pump
Back in 2020, 1W candle closed at $15,400 and led to a +390% pump

Now, in 2024, 1W candle has all chances to close in the $68,000 - $70,000 range that can be a new bottom that will never be broken down!