Do U.S. Elections Really Impact Bitcoin Prices?

Coindesk’s chart shows Bitcoin prices consistently rising in the 12 months after U.S. elections - regardless of the outcome. Why? Could it really be just a coincidence, repeating three times?

It probably is coincidence. If election results affected BTC, we’d see varying trends. Yet, three times, with vastly different outcomes, Bitcoin’s price rose.

The real reason likely lies in market cycles. Speculators began hyping BTC in 2012, driving prices up. But with no one to buy at higher levels, prices dropped. This “cooling off” allowed organic growth as the market matured. Eventually, speculators re-entered, fueling another rise - just at a smaller scale as BTC market cap grew.

So these cycles, not election outcomes, drive prices up: cooling, steady growth, then a speculative bubble. U.S. elections just happened to align with the growth phase.

Think we’re in a steady growth phase again? If so, another speculative surge might follow the next election.

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