Bitcoin

Show

Dogecoin

Daily

Gains

<p>A crypto analyst from Altcoin Daily explored how the upcoming US presidential election could impact Bitcoin’s price.</p>
<p>According to the analyst, historically, market performance does not strongly correlate with the winning party. Looking at the long-term <a href="https://www.investopedia.com/terms/s/sp500.asp" target="_blank" rel="noopener noreferrer nofollow">S&amp;P 500</a> chart since 1933, markets generally trend up regardless of who wins.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/pattern-that-triggered-bitcoins-last-140-rally-reemerges-btc-price-spikes/" target="_blank" rel="noopener noreferrer nofollow">Pattern That Triggered Bitcoin’s Last 140% Rally Reemerges: BTC Price Spikes</a></em></strong></p>
<p>Current prediction markets show a Trump victory is increasingly priced in. Billionaire Chamath Palihapitiya argues the economy favors Trump based on how financial players are positioning.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>A Trump win could initially boost stocks while stoking future inflation concerns, prompting investments in hedges like gold and Bitcoin.</p>
<p>The analyst predicts a short-term spike in equities and crypto if Trump wins. A Harris victory may cause a short-term dip presenting a buying opportunity. Betting odds imply $100 bets on Trump and Harris could yield $162 and $240 respectively.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/onchain-data-shows-how-trader-flips-1700-into-800k-on-this-solana-token/" target="_blank" rel="noopener noreferrer nofollow">Onchain Data Shows How Trader Flips $1,700 into $800k on This Solana Token</a></em></strong></p>
<figure class="wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe loading="lazy" title="Will Bitcoin Price Skyrocket Or Collapse Post-Election?" width="840" height="473" src="https://www.youtube.com/embed/rCFwPWcpV78?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p>Standard Chartered forecasts Bitcoin hitting new all-time highs by year-end, placing the price at $125,000 for a Trump win and $75,000 if Harris wins due to her historical crypto skepticism versus Trump’s favorable stance.</p>
<p>Congress’ composition also impacts post-election market conditions. Historically, markets performed best under a Democratic president with a Republican Congress or a divided Congress.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/will-bitcoin-btc-price-surge-or-plummet-after-us-elections/" rel="noopener noreferrer nofollow">Will Bitcoin (BTC) Price Surge or Plummet After US Elections?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Will Bitcoin (BTC) Price Surge or Plummet After US Elections?

Table of Contents

CaptainAltcoin

Other articles published on Oct 28, 2024

Mengapa Ethereum Akan Selalu Unggul Dibanding Solana? Temukan Alasannya

Worldcoin Rebrands as "World," Expanding Partnerships and Biometric Technology

Praxis’ $525M Network State: Crypto-Friendly Utopia or Illusion?

What Are the Latest Predictions for Altcoins?

Metaplanet’s Bitcoin total holdings surpass 1k with latest $10.4m purchase

Institutional Investors Are Selling Ethereum (ETH) As US Elections Approach! Buying Bitcoin and T...

Join our free newsletter for daily crypto updates!