“If we look back to 2016, BTC was trading in a very tight range for more than 3 months. It wasn’t until three weeks before US Election day that BTC began it’s rally from 600 and finally doubling it’s price by the first week of January,” it observed.
And more recently...
“Similarly in 2020, BTC was stuck in a boring range for half a year and only started rallying from 11k just three weeks before US Election day, reaching a high of 42k by January.”
With Trump gaining momentum you might want to get some exposure if you don't have it already. Ethereum is up bigly today also so either or probably (or combo of both - I unbalance with more BTC). If he wins it very well could take off again like it has in the past.
Something about Presidential elections, seem to trigger BTC price taking off.
And more recently...
“Similarly in 2020, BTC was stuck in a boring range for half a year and only started rallying from 11k just three weeks before US Election day, reaching a high of 42k by January.”
With Trump gaining momentum you might want to get some exposure if you don't have it already. Ethereum is up bigly today also so either or probably (or combo of both - I unbalance with more BTC). If he wins it very well could take off again like it has in the past.
Something about Presidential elections, seem to trigger BTC price taking off.
