Ali Martinez Lists Bitcoin Drawdowns Across Four Midterm Cycles

Crypto analyst Ali Martinez posted figures Oct. 24 showing Bitcoin (BTC) declines of 72% in 2010, 65% in 2014, 52% in 2018 and 27% in 2022 around U.S. midterm cycles. Martinez called them “Four consecutive cycles of significant downside.” The post did not specify measurement windows, start dates, peaks, troughs or a calculation method. Without those details, the figures do not show whether each cycle uses the same period or establish that the elections caused the declines.