Matthew Hyland, a crypto asset analyst
"Bitcoin bottomed out during the presidential elections of 2012, 2016 and 2020 before beginning its fourth-quarter uptrend," Hyland explained.
Bitcoin typically rises in the fourth quarter ahead of the US presidential election in November, but it will experience a crash before then.
Hyland recently said that Bitcoin prices have dropped below $50,000.
I saw the crash as the "bottom" of this cycle.
2024/08/13 16:11 KST
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