Analyst: BTC value may rise sharply after the US election
Bitcoin.com analysis shows that looking back at the Bitcoin price history after the 2016 and 2020 elections, in 2016, the price of BTC reached its peak in December 2017, while in 2021, the peak price was reached in November. For example, during the 2016 US election on November 5th, the trading price of BTC was $703 per coin, and by the end of 2017, it had skyrocketed to nearly $20,000. It is clear that the value of BTC always rises significantly after each election. However, the peak of each bull market occurs about a year after the election.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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