Markets· ★★· neutral·

Bitcoin appears to have decoupled from midterm cycle bottom history

  • —Past bitcoin bear-market bottoms came after U.S. midterm elections
  • —This year's recovery points to an earlier cycle low
  • —The read rests on historical cycle comparisons, not fresh data
Why it matters: If the bottom is already in, the seasonal 'sell before midterms' playbook loses its value as a guide for traders.
Source: CoinDesk