Bitcoin May Hit New Low After Upcoming Midterms, Pattern Suggests
Bitcoin could bottom between mid‑November 2026 and mid‑January 2027 if the recent midterm cycle pattern repeats, analysts say.

Data: Polymarket, updated every minute. · Ends Nov 4, 2026
This market will resolve according to the candidate who wins the 2026 Alaska gubernatorial election currently scheduled for November 3, 2026.
If the results of the election are not confirmed by July 31, 2027, this market will resolve to "Other".
The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources call the race for the same candidate. If all three sources haven’t called the race in Alaska for the same candidate, this market will resolve based on official certification.
Bitcoin could bottom between mid‑November 2026 and mid‑January 2027 if the recent midterm cycle pattern repeats, analysts say.
Bitcoin stayed above its 100‑day SMA as US midterm elections, jobs reports and tech earnings loom, prompting analysts to weigh short‑term risks and buying opportunities.
Anthony Pompliano argues that the crypto market's current aversion to uncertainty will resolve once the midterm elections are concluded.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG.