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The "Presidential Cycle" Strategy: Why Buying Bitcoin 2 Years Before US Elections Works A popular macro theory links Bitcoin's price cycles to the US political calendar: accumulate Bitcoin roughly 2 years before presidential elections during lower prices, and sell after. 1. The 2012 Election Cycle - 2 years before the election (November 2010): Bitcoin was at the very beginning of its journey, and its price was only about $0.20 โ $0.30. - During the election (November 2012): The price had risen and hovered around $11 โ $13. - After the election (throughout 2013): A powerful bull market began, during which the price skyrocketed to an all-time peak of nearly $1,100 by late 2013.