Historically, Bitcoin has averaged a 53.7% gain in the 12 months following U.S. midterm elections, while the S&P 500 has averaged a 15.17% gain in the same period. However, this pattern for Bitcoin could also be attributed to its four-year halving cycles rather than U.S. politics, as bear markets have historically coincided with midterm years. The limited historical data for Bitcoin makes it difficult to draw firm conclusions.