This may be one of the factors along with many others due to we will see another bull market. But it is not like that if Biden had not abandoned the presidential race or even if trump did not win the upcoming elections, we will have no bull run. Regardless of these political developments, we are due to see the Bitcoin bull market and the major reason is the halving and the four year Bitcoin cycle.
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.
Regardless of all the issues about Trump and Biden, bitcoin will still be moving upward and reach its new all time high soon, but I guess having seen Biden leaving the presidential candidacy also create a small impact to bitcoin but it’s never enough to guarantee bitcoin bull run in the next few months.
Let’s just settle on the fact that no matter how different issues thrown at bitcoin, bitcoin instead will continue to rise and give us a satisfying price every now and then. We just have to trust bitcoin and its market, as everything good do not happen in an instant but it certainly takes time.
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That's the point of it, a lot of people think that we are going to end up with a lot of issues, and because of that we are talking about something that takes a while as well, we can't really consider the situation to be just about us, we need to make sure that it is all good for everyone. This is why we need to ignore the politics, unfortunately until November (and probably at least another month after that) the Americans will keep on talking about it like that is the only thing that matters to the world, without realizing that we do not care.
Let them do that, but know that it doesn't impact the price at all, just because price is moving, doesn't mean it's USA politics related, we moved before this election and will move after this election too, America talks about politics every single day, of course the movement will end up being on the day of something, if it is not Biden out then it's Trump hit if not that then kamala candidate if not that something else.
We are going to always see something political from that nation, every single day, and they will consider it is their own doing. As long as we are aware that it is only their own imagination and bitcoin moves without any connection to them, we will be fine.