Post
Topic
Board Speculation
Re: Biden out Bull run in???
by
Viscore
on 25/07/2024, 21:46:15 UTC
Also in the previous years, in the previous bull markets, we got the bull seasons and there were no positive sentiments from the USA or any other governments. I will just take this as a positive event for the market.

Well, this is what I mean. The increase factor can occur due to several causes. Not only because the candidates who are fighting won the election by raising positive issues regarding Bitcoin. It's funny to me if because of them prices will increase even though there is an effect that makes prices increase because of them.
If there is a lot of demand, perhaps if we refer to the law of supply and demand, without political factors the price will still increase.
I think even without this Trump and Biden issue, the bitcoin price still aims to move upward and later on creates new bull run. Bitcoin, despite all its price dumps and market crash, will never settle to a lower value but will certainly recover until it hits its new all time high.