Bitcoin’s Next Bull Run Could Follow US Midterms: Analyst
Bitcoin’s market cycles could be more closely linked to the US political calendar than many investors think, according to a new analysis shared by Alphractal founder Joao Wedson.
In a July 30 post on X, he showed that the flagship cryptocurrency has repeatedly entered bear markets before US midterm elections, only to recover after voters head to the polls.
Recurring Election Cycle Patterns Wedson compared Bitcoin’s price history against US election cycles and found what he described as a recurring sequence.
According to his chart, BTC enters a bear market about one year before every US midterm election before starting a longer bull market right after the vote. In some cycles, the market bottom formed just days before the election, while in others it came shortly afterward.
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