XWIN Japan: Three Factors Will Shape Bitcoin After US Midterms
- —The S&P 500 rose in all 19 12-month periods after US midterms since 1950, averaging 15.4%
- —Bitcoin gained 24.5%, 44.9% and 92.3% in the 12 months after the 2014, 2018 and 2022 midterms
- —BTC fell 45.5% in the first month after the 2018 election
- —Bitget Wallet expects a 25 bps Fed hike on October 28; key BTC resistance sits at $87,500
Why it matters: The November 3 vote could ease regulatory uncertainty, but Bitcoin's path depends on ETF flows and Treasury yields.
Source: CryptoPotato