How Much Will BTC Cost After the US Presidential Election?

[Suba]

Today, Tuesday Nov 5, 2024, Washington DC, US time, shows 19:32 (GMT-5). Bitcoin price volatility is very high a few minutes ago the BTC price showed $ 69k and has become $ 70k. I think the high volatility of Bitcoin is caused by the uncertainty of the election results (announcement of the winner) this factor affects the financial market. The tight competition between Trump and Harris has caused many investors to adjust their portfolios to reduce risk.

Whoever wins, most crypto investors are optimistic because there is a possibility that the Fed will lower interest rates by around 25 basis points, besides last month the US PCE showed a decrease of 2.3% this indicates stability.

So according to your prediction, how much will Bitcoin cost after the US presidential election?

 

[uptrendfinancialsignal]

Yes, you are right. This is the period we should expect significant fluctuations in Bitcoin. I think it's time to cart in some profits if we could do our analysis well. Since we can profit from both movements, bullish or bearish.

 

[Fidelia]

Bitcoin should be on its way to about $79 with a Trump victory looming in the horizon. I think it is a good time to hold your bitcoin and nor sell so you can take profits in the next few days.

 

[Kera]

As Trump has won the elections, we expect Bitcoin to rise to about 85k dollars before the swearing in of Trump.