"If we look back to 2016, BTC traded in a very tight range for over 3 months. It wasn't until three weeks before U.S. Election day that BTC began its rally from $600 and finally doubling its price by the first week of January."
"Similarly, in 2020, BTC was stuck in a boring range for half a year and only started rallying from $11K just weeks before the election, seeing major gains as sentiment shifted towards the bullish side."
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