In November 2012, during the U.S. presidential election, Bitcoin was at its peak approximately one year later in November 2013.
In November 2016, during the U.S. presidential election, Bitcoin reached its peak approximately one year later in November 2017.
The U.S. election in November 2020, and Bitcoin about a year later, in November 2021, peaked
During the U.S. presidential election, there is typically a more relaxed monetary policy that favors economic prosperity. In 2024, the Federal Reserve has confirmed a rate cut, and is only waiting for the right opportunity to announce the specific timing of the rate cut. Therefore, 2024 is bound to be a time for a major market breakthrough, despite still being a few months away from the U.S. election. It is a clear opportunity for a major market upturn, making 2014 a year where Bitcoin is set to lead the investment market with significant market opportunities.
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