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Glossary
- Bitcoin (BTC) continues to hold at $68,000 after falling from $73,000 price level.
- Analysts explore BTC potential in both Trump or Harris Presidential win.
- Both analysts are certain that BTC will hit $100,000 either way.
Sentiment for a bullish Q4 seems to be holding strong despite Bitcoin’s dip to the $68,000 price level from having almost hit its previous ATH of $73,700 from $73,400. Bitcoin has yet to rally to reclaim and beat its previous ATH price but continues to hold strong at the $68,000 price level.
Bitcoin and the US Presidential Election
While some believe only Trump winning the election will lead to a bull run, many expect a bull run to occur no matter a Trump or a Harris victory. As we can see from the post above, this analyst says that if Harris were to win, the crypto market would still perform well from a macro perspective.
In detail, he says that global liquidity and macro-easing conditions are ultimately the most important factors. However, the analyst goes on to say that it is likely that in the case of Harris’s victory the bull run timeline could be set back by 2-3 months. This would mean that Bitcoin will outperform until at least until 2025.
Bitcoin Primed for $100,000 Despite Trump or Harris Win
https://x.com/EmperorBTC/status/1853132526652711055