Even if it gets affected by the election, how will we see it? If the price changed at the time around the election, it doesn't mean it changes because of it. There can be some completely unrelated reasons, and yet I'm sure there would be tons of articles making this connection only based on timing. We're very used to matching Bitcoin price changes to some events, but I often wonder if it's justified. As for the Stock market and Bitcoin correlation, it's truly temporary and not strong (some divergences can be seen pretty often). So while it can be observed and assessed, you also seem to agree (judging from replies) that it's a very unstable thing.