大冰要抄底(专注交易) Sees Significant Bitcoin Gains One Year After Midterm Elections
According to Twitter user 大冰要抄底(专注交易), the Bitcoin market was largely bearish in the year of the midterm elections, with a decline of approximately 56% in 2014, 73% in 2018, and 64% in 2022. The fourth quarter of the same year also saw negative returns, with Q4 2014 at around -16.7%, Q4 2018 at approximately -42%, and Q4 2022 at about -14.8%. The image information shows that in the 12 months following the midterm elections in 2014, 2018, and 2022, Bitcoin rose by approximately 24.5%, 44.9%, and 92.3%, respectively. Market bottoms often appear around the time of elections, occurring about 71 days before and after in 2014, 38 days in 2018, and 13 days in 2022.
-- Price
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