Biden sudden move to abandon the 2024 presidential race could be a "hug boost" for cryptocurrencies and other assets said the crypto analyst predicted.
Guys what your take on this??
Don't expect anything from current political events since that doesn't dictate anything. Maybe it can do something with regulation but I don't think those events could trigger a bull run. Demand is the main reason why we could experience that scenario and I don't think that happens when Biden step out since that event doesn't change anything.
Maybe if Trump successfully acquire the presidency then he announce that America will separate some funds to buy Bitcoin in support of this technology then provably that we could able to see the demand will go higher and that possibly could trigger a bullrun.
But with that scene I guess bitcoin will perform the same.