Analysts: After the US election, the value of BTC may rise significantly
2024-09-01 21:17:45
According to Bitcoin.com analysis, looking back at the history of bitcoin prices after the 2016 and 2020 elections, in 2016, the price of BTC peaked in December 2017, while in 2021, the price peak was reached in November. For example, during the US election on November 5, 2016, BTC was trading at $703 per coin, and by the end of 2017, it had surged by nearly $20,000. It can be clearly seen that after each election, the value of BTC increases significantly. However, the peak of each bull market occurs about a year after the election.
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