Have you observed that Bitcoin doesn't go below election price?

[Fidelia]

In crypto, history is also a factor to predict patterns. I was doing an analysis and I just discovered that Bitcoin has never gone below the price it is pegged on US elections day. That is for years that the US elections hold. And the elections price this year is $70k. Do you think that history would continue?

 

[King Belieal]

I had to go and research this and found out it is true. But with crypto, no history is 100% certain but this one is 60%.

 

[kerryjoy]

It is actually true and since Trump is fully supporting the crypto word, especially the bitcoin, all the investors are threre

 

[riberet19]

The elections of this last year have been key for Bitcoin to take off in price, if Kamala Harris had won I think the story would have been totally different for Bitcoin's price performance.

 

[Suba]

Since Trump was elected president, Bitcoin regulations have become more relaxed, even people can buy Bitcoin at banks, so more institutions are holding Bitcoin, making the possibility of it going below the election price of $70k very small.