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Bitcoin and Elections đź‘€

Long
INDEX:BTCUSD   Bitcoin
You say "What do they have in common"?🤔

At a minimum, Bitcoin and elections have a similar 4-year cycle.

From past posts, we know that the stock market is quite often correlated with BTC , with some minor exceptions.

đź’ˇAlso, the correlation between the SP500 and the election cycle is already well-studied. The tendency is that towards the end of the term, you always want to show the economy from the best side. There may be an injection of liquidity.

Conclusion. If this trend continues, we can expect that in 2024 Bitcoin will have a fairly positive year.↗️

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