Previous bitcoin bear-market lows followed U.S. midterms, but this year’s recovery raises the possibility that the bottom arrived months earlier. Bitcoin reached major bear-market lows shortly after the 2014, 2018 and 2022 midterm elections, but this year’s low came 125 days before Election Day. Bitcoin recovered about 40% from its July 1 low of $57,850 to roughly $81,455 on Oct. 22, despite falling about 6% over the past 30 days. Bitcoin’s recurring weakness around midterms appears more closel…
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