Analyst: Bitcoin may bottom before US midterms on November 3
- —Max Crypto says Bitcoin may bottom before the November 3 midterms
- —Past post-election drawdowns: about 60% in 2014, 50% in 2018, 25% in 2022
- —Analyst calls the election-drop link correlation, not causation
- —Whether the low has actually passed remains unconfirmed
Why it matters: If the bottom is already in, investors waiting for a post-election crash could miss the entry point.
Source: Blockmedia