ChainCatcher news, QCP Capital's latest analysis points out that the price of Bitcoin has risen from $62,000 to $65,000. Historical data shows that in the three weeks leading up to the U.S. elections in 2016 and 2020, Bitcoin began to rise significantly.From October this year to now, Bitcoin has only increased by 1.2%, far below the average increase of 21% in previous years. Analysts believe that the current price trend is similar to historical patterns, which may indicate a potential rise before the elections. However, investors should remain cautious and closely monitor market movements.

ChainCatcher news, according to CryptoSlate, Rekt Capital compared the periods after the Bitcoin halvings in 2020 and 2024 and found significant similarities between the two. After both halving events, Bitcoin entered a reaccumulation phase lasting approximately 161 days. In 2020, this period ended with a parabolic rebound as Bitcoin broke through its repeatedly tested resistance level.The support and resistance levels during these two periods showed continuous testing and retesting, laying the groundwork for potential upward momentum. While historical patterns suggest the possibility of significant changes, differences in market conditions (such as trading volume) highlight that the outcomes may not be the same.A notable difference between the two periods is the trading volume (data in the chart is sourced from Bitstamp). In 2020, the Bitcoin trading volume on Bitstamp during the 161 days following the halving event was 1.183 million, while in 2024, the volume was 313,081. This difference indicates a change in market participation, which could affect the nature of any potential breakout.Since this year's halving, the total trading volume across all exchanges has been 2.5 million, compared to 4 million during the 161 days following the 2020 halving.