Bitcoin Price Fell After 3 Straight Midterms, and Tuesday Could Make It 4

Image: Bitcoin.com News
In each of the last three cycles, bitcoin bottomed 13 to 71 days after a U.S. midterm election. Americans vote again on Tuesday, and Polymarket gives a Democratic sweep 72% odds. Crypto researchers have bitcoin’s last three cycle bottoms came soon after the U.S. midterms: Counting from Tuesday’s vote on Nov. 3, those three gaps would put a low somewhere between mid-November 2026 and mid-January 2027. The 2022 gap is the most familiar example, as the FTX collapse hit days after the Nov. 8 election that year, and bitcoin dropped toward $16,000. Some analysts say the selloffs tied to these elections were deep, with analyst Ali Martinez finding that bitcoin fell after four straight midterms : 72% after 2010, 65% after 2014, 52% after 2018 and 27% after 2022.
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