Analyst warns U.S. midterm elections could spark ‘Bitcoin dump’
Bitcoin (BTC) could face renewed selling pressure following the 2026 U.S. midterm elections, according to crypto analyst Ali Martinez, who pointed to historical price declines following previous midterm votes. With the U.S. midterm elections scheduled for November 3, Martinez highlighted in a post on X that Bitcoin declined 72%, 65%, 52%, and 27% following the 2010, 2014, 2018, and 2022 elections. While the historical pattern does not establish that elections caused those declines, Martinez nonetheless said that we are dealing with a trend worth monitoring as the 2026 election approaches. “Following the 2010, 2014, 2018, and 2022 elections, BTC fell 72%, 65%, 52%, and 27%, respectively. That does not prove elections caused the declines, but the pattern is worth watching ahead of November 3, 2026,” Martinez wrote. 2/5 The US midterm elections are just over a month away and $BTC historical price action after prior midterms is hard to ignore. Following the 2010, ...