Bitcoin’s Post-Election Gains And Market Trends: A Closer Look

Historically, Bitcoin has delivered remarkable returns in the December following U.S. presidential elections. During the last two cycles, the cryptocurrency gained 30% and 46%, respectively.

If this pattern repeats, Bitcoin could end the year trading between $125,000 and $140,000.

Recent market activity supports bullish sentiment. Over the past 72 hours, more than 55,000 BTC—worth an estimated $5.34 billion—have been withdrawn from exchanges.

This suggests strong accumulation by investors, typically a positive sign for price momentum.

However, long-term Bitcoin holders have also been taking profits as prices climbed from $62,000 to $99,000.

While this might seem bearish, it’s important to note that profit-taking is a hallmark of every bull market. Historically, such activity has not prevented further upward movement in Bitcoin’s price.

Bitcoin ETFs Records Outflow But With A Twist 

Meanwhile, Bitcoin ETFs have shown mixed signals, recording outflows on two of the four trading days this week. Despite this, BlackRock’s iShares Bitcoin Trust (IBIT) continued to dominate the ETF market. The fund added 4,230 BTC (valued at $405.3 million), bringing its total holdings to 496,853 BTC, worth approximately $47.83 billion.

While some investors are booking profits and ETFs show inconsistent inflows, the broader market dynamics—coupled with historical trends—point toward potential year-end gains for Bitcoin. As always, market participants should remain cautious and consider the cyclical nature of both profit-taking and accumulation during bull runs.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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