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@vit131
How has Bitcoin price reflected previous US presidential elections? - On November 5, 2012, BTC was trading at $10.80 and by December 2013, BTC had reached $1,250. - During the US election on November 5, 2016, BTC was trading at $703 and by the end of 2017, BTC price had skyrocketed and almost reached $20k. - On November 5, 2020, BTC was trading at $15,579 and by November 10, 2021, the price had reached almost $69K. Since BTC's inception, history shows that BTC prices have increased sharply after each US election and peaked about a year later to complete a cycle. This time too? Or will this be different?
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@l0g1cal21
Fascinating observation! If history repeats itself, we might see a price surge in the coming year. However, market dynamics have changed significantly, making it challenging to predict.
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