WILL BITCOIN CRASHES FUTHER DURING US ELECTION

The upcoming US election has many wondering if Bitcoin's value will take a hit. Historically, Bitcoin's price has surged significantly in the year following the election. In fact, if past trends hold, Bitcoin's price could rise to $1 million or more after the 2024 election .

This is because the US stock market, which Bitcoin is correlated with, tends to perform well after presidential elections.

Post-Election Trends:

2012 Election: S&P 500 saw 11% year-on-year growth, followed by a 32% surge the next year.

2016 Election: S&P 500 grew 7% year-on-year, then increased by 22% the following year

2020 Election:S&P 500's growth was around 17-18% in November 2020, climbing to nearly 29% the next year .

These trends suggest that Bitcoin's value might increase after the election, rather than crash. However, it's essential to remember that the cryptocurrency market is highly unpredictable, and election outcomes are just one factor influencing prices.

Regulatory Environment:

The regulatory landscape for cryptocurrencies is still evolving, and th electionoutcome wil likely impact it. Democrats appear divided on the best

approach to crypto regulation, with some

citing concerns.