Analyst: Bitcoin May Repeat 2018 and 2022 Playbook Ahead of U.S. Midterms
- —Bitcoin fell around the 2018 and 2022 midterms and recovered the following year
- —Frank Cappelleri compared the current 54% drawdown with the roughly 70% decline of 2022–2023
- —Wallets holding 10–10,000 BTC accumulated 88,987 BTC in the month since Sept. 19
- —BTC traded near $80,341, up 1.02% over 24 hours
Why it matters: Historical midterm cycles may shape trader expectations for late 2026, though a causal link between elections and BTC price is unproven.
Source: ZyCrypto