---
title: "Bitcoin $59K price may swing 'drastically’ amid election year parallels"
url: https://diffcoin.com/bitcoin-59k-price-may-swing-drastically-amid-election-year-parallels/
description: "If Bitcoin follows the same pattern as previous election years, August will be \"nothing crazy,\" but a breakout may occur within a month or two, according…"
published: 2024-08-17
updated: 2024-08-17
author: "Mila"
site: "Diffcoin"
---

# Bitcoin $59K price may swing 'drastically’ amid election year parallels

If Bitcoin follows the same pattern as previous election years, August will be “nothing crazy,” but a breakout may occur within a month or two, according to a crypto analyst.

[Source link](https://cointelegraph.com/news/bitcoin-59k-price-predictions-united-states-election-crypto-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)