...the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
I don't understand the logic on why the upcoming election in the US will be pivotal in giving Bitcoin another ATH. America with all her shenanigan towards Bitcoin can never be said to aid it. I don't believe it will boost BTC price. What I know is that there's going to be some alts floated to raise money for major front runners in the elections and that's as far as it goes. Those alts can blossom but I don't see that transcending to Bitcoin. It's a
coin–cidence that the US election is the same year of Bitcoin halving and that makes it look like it has any impact on it. It doesn't.
Presidential elections in the USA happens every four years and interestingly Bitcoin halving happens the same year as the USA presidential elections , so let me analyse the previous presidential elections starting from 2012 the early years of Bitcoin, that was the year for the first Bitcoin halving, Bitcoin was around $10 and finished that year at $13 , but fast forwarding to November 2013 a year after the halving and USA election Bitcoin surged to $253 and $1129 at the end of November 2013,
After the halving and the elections of 2016 by 2017, BTC broke through $1,000 in early January 2017 and $2,000 in May 2017. BTC then doubled to $4,000 in August 2017.
Though the COVID pandemic actually affected Bitcoin in 2020, Keep in mind that the bulk of the last Bitcoin bull run took place after the 2020 presidential election
it made its real move in the final quarter of 2020. It shattered its all-time high by breaching $15,000 in November 2020, moving above $20,000 in December 2020, and ending the year at around $29,000, so with all this statistic BTC is up for a bull run after the halving and the presidential elections.
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