Bitcoin’s ‘8-Day Rule’ After Elections—What You Need to Know

🚨Listen Now: Crucial Crypto Update

Hey Everyone,

As we step into a crucial week, it’s impossible to ignore the excitement in the air. With the U.S. elections just two days away, all eyes are on how the crypto market, particularly Bitcoin, could respond. If history has taught us anything, it’s that post-election periods have historically been strong catalysts for Bitcoin's surge into parabolic movements. In my recent videos, I've delved deep into this trend, connecting past cycles with our current setup. Here’s what we need to consider as we prepare for what could be a historic week.

Anticipating Bitcoin's All-Time High

In my analysis last week, I highlighted how Bitcoin's momentum, paired with a pretty cool AI-driven prediction, suggests a potential all-time high within a tight window after the elections. Historically, Bitcoin has taken 5 to 12 days post-election to break its previous high, with an average of 8 days. This data, drawn from past cycles in 2012, 2016, and 2020, supports the idea that we could witness a new all-time high as soon as mid-November. The unique aspect this time? Bitcoin is the closest it's ever been to its all-time high going into an election cycle, thanks to its pre-halving momentum. This makes the potential for an explosive move all the more real.

The Bigger Picture – Bitcoin Dominance and Altcoin Season

Zooming out on the macro cycle, we’re at a make-or-break moment. The consistency of Bitcoin's four-year cycle data is under scrutiny, but so far, it holds strong. This past week, I highlighted the importance of Bitcoin dominance charts and how they’re playing out in line with previous cycles. One key difference now? The presence of Bitcoin ETFs and their impact on liquidity and market dynamics. While Bitcoin dominance approaches a critical Fibonacci level, the setup hints at a potential transition to altcoin season—a phase where altcoins historically shine as Bitcoin stabilizes or pulls back.

Bitcoin Nears All-Time High – Be Ready for Volatility

Bitcoin’s recent surge brought it within 2% of its all-time high. But with this momentum comes the reminder of how volatile these markets can be. I revisited the lessons from past cycles, showing how sudden dips and throwbacks to moving averages are not just possible—they’re likely. I emphasized the need for a plan and level-headedness as we approach what could be the start of a parabolic phase. In these times, taking a breath, staying unemotional, and sticking to a well-thought-out profit strategy is key.

Excitement Builds for Cardano and Meme Coins

Most recently as many altcoins still wait to make their moves, my thoughts turned to Cardano and DOG—the top meme coin on Bitcoin—which are fueling a new narrative of early-stage growth. The way these projects are positioned as we enter the potential bull cycle makes them especially intriguing. Cardano, paired with Bitcoin, could be set to transform the crypto market into a multi-trillion-dollar financial system, while DOG could channel early Dogecoin and Shiba Inu vibes. These two just excite me.

Takeaways as We Head into Election Week

As we close this week and brace for the next, here are a few points to keep in mind:

• Election Catalyst: Historically, elections have been a turning point for Bitcoin. The data points to a possible move to all-time highs within 5-12 days post-election.

• Volatility Watch: Short-term volatility is in play. Expect the unexpected with potential dips, and stay prepared with a profit-taking plan that fits your goals.

• Altcoin Potential: With Bitcoin nearing peak dominance, eyes should be on altcoins. Their potential to outperform as Bitcoin stabilizes is something I’ll be tracking closely.

• ETF and Liquidity Factors: The unique presence of Bitcoin ETFs this cycle adds an extra layer of interest, potentially accelerating upward moves and influencing dominance patterns.

As we step into the post-election week, remember that preparation and patience are key. If Bitcoin's historical data holds true, we could be in for a game-changing few weeks.

Thank you for being part of this journey. Stay tuned, stay informed, and as always, God bless.

- Dan