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Bitcoin does the same exact thing every Single presidential election cycle it Didn't matter if it was 2012 2016 or Even 2020 Bitcoin followed the same Price pattern and this year it is Shaping up the same this is the most Important video you'll ever watch if you Want to protect your Bitcoin investment Cuz we have dove into the charts we're Exposing bitcoin's next move everyone Now bitcoin's 59k price may swing Drastically amid election year parallels I have identified the parallels we're Going to show you what Bitcoin did every Single time and then I have a price Target and when you should sell your Bitcoin so he explain that bitcoin's Recent downturn is similar to pattern Seen in 2012 2016 and 2020 ahead of the Presidential elections so let's see the Draw down that they are talking about Now I have uh you know this is a big Daily chart that we're looking at here So we're going to cut to the 3-day just To make it a little bit more easy the Large yellow vertical lines is the day That we held elections you can see we Hold it every 4 years in November but Let's go ahead and identify the Downturns that happen usually about a Month or two ahead of the election now This is the downturn of the most Previous election around 2020 and you Can see you know pretty quick 16% move
To the downside this happened Approximately two months almost to the Day ahead of the election but what about 2016 so that was 2020 well I'm seeing Another draw down and then this draw Down looks even more drastic and violent To the downside uh you can see a very Very sharp correction of 30% % and this Happened shortly before the election 100 Days so about 3 months so 2 months ahead Of time and then 3 months ahead of time But what about the first one which is 2012 and folks what do you know you see Another sharp correction to the downside And that one is the biggest of them all Uh here you know just insane Wick to the Upside and then a 57% drop I can't Imagine being in the markets at that Time and this was 80 days so between two And 3 3.3 months you can expect to see a Downturn for Bitcoin but when we fast Forward to today you can see we just Experienced a draw down and folks the Charts are starting to look pretty dang Similar if you ask me that was a 30% Draw down and what do you know when we Look at the time frame fits right in That schedule about 2 3 months ahead of Time so we saw what happened before the Election but what about what happens After the election because that's the Important thing I want to protect your Bitcoin investment I do want to give a Big shout out to Houdini swap helping
Sponsor the channel this is a great Bridge you can send swap or bridge for 4,000 tokens so you want to get some More Bitcoin oh you trade in some Salon Trade in some ethereum or 3,998 other tokens but let's talk about What happens after the fact cuz folks This is the blueprint for what Bitcoin Is going to do in the coming months After the election folks when we zoom Out a little bit you can't help but Notice very bullish price action follows The election every single time this was November 20 and Bitcoin decided to just Go on an incredible run ended up gaining About 320% over the next 160 days but what about 2017 2016 well Folks it also looks insanely bullish This was November 2016 then we hit over A 2,000% pump that took about 400 days But there is still a shortterm nice Little move to the upside 200 days a 300% pump and then just look at the First cycle of 2012 after your election That had an insane move of another 2,000% pump this time in 154 days but What can we expect this cycle I think This cycle is going to look a little bit More like the most recent cycle CU we Now have a mature market and I'm going To have my Bitcoin price prediction in a Second as well as when you should sell Because Bitcoin is telling us when we
Should sell when we start looking at the Other previous Cycles now let's go to Poly Market real quick uh it does look Like you know Donald Trump has recently Taken a little bit of a lead from KLA Harris on poly Market specifically and When we look at po market now they are Saying we have a 21% chance of having a $100,000 Bitcoin in 2020 4 and I have Found the path to over $100,000 Bitcoin And for us to do that we're going to Look at the most recent price action This is Bitcoin over the past few months This starts uh right here in March this Is the parallel Channel we've been Talking about a lot because we've been Trading it a lot we've been trading it Very successfully now right now it is Respecting the middle part of the Parallel Channel I told you this was Important in the past and it's Continuing to be important but when you Look at what happened with this middle Line within this parallel Channel we Have knocked against it in the past you Knock it against it again knock against It again and then you burst through that Door you burst through the wall like the Kool-Aid man then we knocked against it Again and then we burst right through That wall like the red juicy dude and Then we're right now we are in the Middle of pushing against this barrier And I'm expecting Bitcoin to burst
Through probably over the next 3 to 5 Days but let's talk about price action And price prediction what is bitcoin's Path for 100k this year well folks I'm Looking at this chart pattern right here This was a previous parallel Channel not Nearly as long but a previous parallel Channel that was being respected and Folks wait till you see this you're Going to fall out of your chair cuz this Is going to make you even more bullish On bitcoin than you already are and Trust me if you're anything like me You're feeling pretty bullish now we're Going to go ahead and get the trend line Here and this is a little bit of a Breakout that forms you can see you know We had our little flag pole we kind of Trade around and then we burst to the Upside well what happens you know Traditionally You would measure the breakout as the Length of the pole there's no way that This works oh my God look at that it Works almost exactly everybody and so Let's do the same thing with this little Parallel channel that we're trading in Let's go ahead and move this let's get The the right height there right angle And so this is going to give us our Bitcoin price prediction and then we're Going to look at the date here let's Just say it takes us a while to burst Out I'm going put in the second half of
September and the sharp eyed viewers are Seeing the number on the top right there Oh $116,000 Bitcoin and if we look at the Date that's in October I don't think it Can hit it by October but I certainly Think it can hit it between Thanksgiving And Christmas day so Bitcoin does have a Path to 100K plus this year you can see What happened with the previous Elections as well Bitcoin you know Performed very bullishly after every Single election it didn't matter what Year didn't matter feels Trump Obama or Biden Bitcoin just loves pumping after An election I think it's going to do the Same thing here seen a lot of Similarities we just saw the dump and I Think we're going to see the pump and I Just ask you pump those like buttons on The way out and I'll see you after the Election with your Bitcoin bags
