Midterm Elections Looming: Will Bitcoin's Rally Be Derailed?

Bitcoin (BTC) has been in an uptrend since July, rising 42% over the past three months. Analysts have flipped bullish, predicting a pump toward a new all-time high in the next cycle.

However, US midterm elections in November pose a risk to this potential rally. The event may divert Bitcoin from its bullish path and trigger a substantial correction.

This could create a major market-impact event for crypto investors and DeFi/CEX liquidity. Analysts believe that the bear market may not be over yet, despite the recent price increase.