The impending US election and the recent Bitcoin halving are pivotal moments for the cryptocurrency market. Historically, Bitcoin's price has surged significantly following these events. The Bitcoin halving occurred about 200 days ago, which cycle-maxis anticipate will lead to a supply shock one year later. In past elections, Bitcoin's price increased drastically; for instance, it rose from $720 to nearly $20,000 after Trump's election in 2016, and from $16,300 to $69,000 post-Biden's win in 2020. However, it's worth noting that only two or three halving-election cycles provide limited statistical significance. Analysts suggest Bitcoin's immense rallies may instead be a reflection of broader global liquidity trends rather than direct correlations with elections or halvings. Despite uncertainties, Trump's rising odds on Polymarket could influence Bitcoin’s price in the short-term. With Bitcoin reaching an all-time high before the latest halving, this cycle presents uncharted territory for investors and enthusiasts alike.

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