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Bitcoin appears to have decoupled from midterm cycle bottom history

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Skip to main contentCrypto NewsOct 23, 2026, 6:53 a.m. EDT1 min readUS Flag electionSummaryBitcoin reached major bear-market lows shortly after the 2014, 2018 and 2022 midterm elections, but this year’s low came 125 days before Election Day. Bitcoin recovered about 40% from its July 1 low of $57,850 to roughly $81,455 on Oct. 22, despite falling about 6% over the past 30 days. Bitcoin’s recurring weakness around midterms appears more closely tied to its own market cycles than to elections, as technology stocks have shown a less consistent pattern. U. S. midterm elections are just 10 days away and bitcoin BTC$84,459.46 is approaching a period that has historically coincided with major bear-market bottoms, although this year’s recovery suggests the timing could differ. Bitcoin bottomed in January 2015, December 2018 and November 2022, shortly after the preceding midterms. Those lows arrived approximately 71, 38 and 13 days after election day, respectively. This year, bitcoin’s lowest price so far came much earlier. Bitcoin touched $57,850 on July 1, some 125 days before the Nov. 3 election. By Oct. 22, the price had recovered to around $81,455, roughly 40% above that low.

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