Comparing the Bitcoin price actions prior to the midterm elections of 2018 with those of 2022 shows a strikingly similar crypto bear market trend.

Independent market analyst Aditya Siddhartha Roy thinks the BTC price will fall into the $12,000-$14,000 range if a similar breakdown occurs. He further notes that the king cryptocurrency (Bitcoin) could bottom out in November or December 2022, just like in 2018.

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