Post
Topic
Board Speculation
Re: BTC will go back to $30k if Kamala wins
by
Felicity_Tide
on 29/10/2024, 23:20:27 UTC
What do you think will happen with Bitcoin's price after the US elections? Will either candidate's win have a direct effect over Bitcoin's market price? Your input will be greatly appreciated. Thank you very much. Smiley

The market has always been unpredictable as predictions/assumptions can be right or wrong. But looking at how Bitcoin has been moving lately without knowing the actual cause of this bullish movement (though there are speculations that it's all tied to the US election), I think the outcome of the US election might have an effect. I'm not really certain of your $30K prediction, but I think Bitcoin might drop to maybe $50K, if actual we still retain the $70K till that election day.

Lot of Bitcoiners are literally anticipating for trump to win, because I know majority liked some of his manifesto ( or should I say, his promises), that he has given to the Bitcoin community. So, if things eventually goes south, then w might see see the recent bullish movement going south as well.