Will history repeat itself?

In previous U.S. elections, the market has always started a bull market after a significant drop.

Let's look at some data:

Three months before the 2012 election, the market plummeted 75% before starting a crazy rise.

Three months before the 2016 election, the price of Bitcoin dropped from $750 to $500, a decline of 30%, before hitting the bottom and starting a bull market.

Two months before the 2020 election, Bitcoin fell from $12,000 to $10,000, a decline of about 16%, then entered a consolidation phase, until early 2021 when it started a violent bull market, directly rising to $60,000.

This year, three months before the U.S. election, in August, the decline started, dropping from $70,000 to $49,000 within 10 days. In October, it began to rise again. History is always remarkably similar; will it break the resistance of $70,000 by the end of the month? From a technical perspective, the second wave of Bitcoin's rise has already ended, and it is currently in a small wave of the second wave's third wave correction.

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