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 […]
Key Takeaways
- In each of the last three cycles, bitcoin bottomed 13 to 71 days after a U.S.
- 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.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin White Paper Turns 18 With Payment Verification Still at Its Core
Satoshi Nakamoto introduced the Bitcoin paper on October 31, 2008. Eighteen years later, its central contribution remains a way to verify payment history without a central transaction ledger.
Trezor lifts password ceiling after Coldcard’s $100M wallet thefts
Trezor cited July’s Coldcard attacks, in which strong passphrases helped protect some users whose wallet recovery information was compromised.
Zcash Price Stabilizes at $1,200 Support Before NU7 Hard Fork
The Zcash (ZEC) ecosystem is in the middle of its most historic week of developments in years. The…