Bitcoin Price Correlation Presidential & Midterm Elections
Updated
Take a look at the correlation between Bitcoin price and Presidential & Midterm Elections over the past 10 years. In 2012, 2016, and 2020, price started to rally on election day. These were also years of the Bitcoin halving. In 2014 and 2018, price started to drop substantially on election day. Will we see the same for 2022?
Note
From Nov 6 2012 to Jan 4 2022, the Bitcoin price increased by 452,098%.During the same timeframe, the S&P 500 price increased by 239%.
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