BTC has risen quite a bit recently, but at a slower overall rate than in December 2017.
Given that it looks like Joe and the Ho might actually get in, I am wondering if the big rise in BTC interest is because people are using crypto to transfer or HODL their cash assets to avoid taxes. I certainly would. I think that if it is the case, then BTC price has quite a bit of upside left in it yet, and when (not if) biden tanks the economy, then BTC will be used even more.
What do you think of the recent price gains and if the prices will stay up or crash out?
Trump won the election. biden was INSTALLED, not elected. There's a difference.
Your whole comparison is just plain weird. Politics and Cryptocurrencies have currently no relation proven whatsoever and we really should stop forcing things that doesn't go well together. Bitcoin's value is boosting the value of other Cryptocurrencies in some situations and as we are seeing right now, btc's value is fluctuating at some values but its not creating a trench pattern like it did before. We can surely see some more stabilization within the following months because of its new applications being developed.