Quote from: philipma1957 on Today at 03:22:47 AM

Quote from: tanitel on Today at 02:27:37 AM

Quote from: OgNasty on September 12, 2024, 10:27:15 PM

Here’s an interesting chart I came across on x. It shows basically the 4-year Bitcoin cycle but marked by the elections for President instead of the halvings. Given the market delay in adjusting for supply after halvings it makes for a nice looking chart but I still believe it is the halving cycle and not the elections that this is showing.

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good, but we meet some synchronism between 2 major events, whatever the causality.

also the victory of a new president opens generally a period of new optimism.

so 2012 repeat president obama and we had the 2013 rally to 1200 usd or so.

2016 new pres and we had the 2017 rally to 19500 usd

2020 new pres and we had the 2021 double tops around 68k

2024 repeat trump or new kamala we are covered.

if you had three "heads" in a row, what are is the chance of a "tail" next....same 50%, lol.
That said, 2012, 2016 and 2020 correlation could be just a coincidence with pres election or it could be a LAW of bitcoin.
We can't tell...yet, we are here.