With US election is less than 24h away I belive we may see a bumpy ride in trading and asset-price swings. This will be an interesting test for bitcoin too. I may stop all my trading activity from tomorrow for a couple of days because it's getting too risky... What do you think?
With the strange election in the pandemic, vote by mails or vote in person, result will be postponed for days or weeks and I guess there will be a debate between Trump and Biden about result of the election.
The bitcoin market or the crypto market in general doesn't really rely on any event such as election. I think the whales are more of the reason when an event like that is coming, they're the ones who are making the movements rather than the actual event that we are thinking which will signify some effects due to it.
I agree with you. Don't think about the election, bitcoin still is in its important time. Will it take off more or falls back and begin another accumulation? Accumulation is needed to take off more, personally nevertheless if it falls and accumulates people will say it is as consequence of the Election.
Stock market in US and Europe can be affected more by the Election results.