How has the price of #Bitcoin reacted to previous US presidential elections?
- On November 5, 2012, #BTC traded at $10.80, and by December 2013, BTC hit $1,250.
- During the US election on November 5, 2016, BTC traded at $703, and by the end of 2017, BTC skyrocketed and almost touched $20K.
- On November 5, 2020, BTC traded at $15,579, and by November 10, 2021, the price almost touched $69K.
Since BTC’s inception, history shows that BTC’s price has surged after every US election and peaked about a year later to complete a cycle.
Will this be the same? Or will this time be different?