Macro· ★★· bullish·

Bitcoin Historically Gains After U.S. Midterms, CryptoQuant Notes

  • —Bitcoin gained 24.5% in the 12 months after the 2014 midterms
  • —The 2018 midterms were followed by a 44.9% gain
  • —Bitcoin rose 92.3% after the 2022 midterms
  • —CryptoQuant data shows large wallets accumulating BTC
Why it matters: The historical pattern could fuel buying pressure into the elections, though past performance does not guarantee future results.
#BTC
Source: Coinfomania
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