The article discusses the relationship between bitcoin's price and political events, such as elections and halving cycles. It notes that bitcoin has experienced significant rallies following both Trump's win in 2016 and Biden's win in 2020, but points out that these events may not have a statistically significant impact on the cryptocurrency's price. The article also mentions a potential correlation between bitcoin's price and Trump's odds on Polymarket, but acknowledges that the two are not consistently aligned. Overall, the article suggests that bitcoin's price movements are primarily driven by price discovery and the global liquidity cycle.



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