Reported about 2 months ago
As the U.S. approaches the 2024 presidential election, historical patterns suggest that Bitcoin typically experiences a notable price dip 2-3 months before the election, similar to trends seen in previous election years (2012, 2016, 2020). After these pre-election dips, Bitcoin historically rebounds significantly, leading to substantial price increases in the post-election period. Current predictions indicate a potential rise to $100,000 or more following the 2024 election, maintaining a pattern observed in past election cycles.
Source: YAHOO