Yesterday Bitcoin's price was a little down and I was reading on many websites that it was caused because of the Trump-Harris debate. Today as we see, Bitcon's price is up and reached 58K USD but today also crypto news websites publish that the reason behind crypto price recovery is the result of Trump-Harris debate where Harris won in many polls.
I think for the past couple of weeks and months the value of bitcoin has been fluctuating within a range, going up and coming down. I would not tag the recent movement of bitcoin to be only as a result of the election debate between Trump and Kamala Harris. People who see the election as a reason may just be looking for any reason to believe that the outcome of the election will somehow have a huge significance on the market.
Maybe we are getting our hopes too high again looking at the election of the United States as a next big thing to influence bitcoin price, I don't think people should expect so much because too much expectation usually comes with disappointment when things do not happen as you expect. As an investor plan to invest for the long term.