Quote from: laijsica on October 31, 2024, 06:01:32 AM

Quote from: Ricardo11 on October 31, 2024, 05:21:03 AM

Quote from: Popkon6 on October 30, 2024, 11:39:56 PM

Quote from: Pandu Geddon on October 29, 2024, 01:06:01 PM

Everyone is talking about $100k and we haven't reached it yet, breaking a new ATH may be close, but if what happens after that is a politically motivated price drop, we may not see $100k in the current market period.

I think your idea will annoy investors, because the price of Bitcoin has nothing to do with political factors. You notice that during the bull market in the past there was no political issue when the price of Bitcoin increased. Of course we can cross $100K and reach $150K, it's just a matter of time. Because I am in the pre bull market or the first step which is October, because you will not be disappointed there are still 2 months left in 2024.
So you look at the year 2020-2021 that was also the wrong run period and had a huge impact going into the next year. So accordingly we can definitely target the year 2025. Bitcoin price is most likely to touch $150k to $170k in 2025.

many Bitcoin experts think that if Trump wins the next US presidential election, Bitcoin will go higher, and if Kamala Harris wins, it will cause a dump for Bitcoin.

Bitcoin expert Michael Saylor also declared that Trump is a good candidate for Bitcoin development. If Trump wins, the value of Bitcoin will definitely increase relatively. Trump is a 90% good candidate for a positive movement in Bitcoin, and a Kamala Harris win could lead to a negative movement in Bitcoin.

Yes we will definitely see Bitcoin price go higher in 2025, as there is a strong possibility of a strong bull run next year, where we can see Bitcoin price even cross $150K. However, if Trump wins the election, the price of Bitcoin will increase more positively.

Of course, it can be expected that the value of Bitcoin will increase further if the Republican candidate Trump wins the election. He is already being touted by some as crypto-friendly and has used cryptocurrency in his election campaign.

Michael Saylor's owned MicroStrategy plans to raise $42B over the next 3 years to buy more Bitcoins. I think they might be planning their fund formation based on the US election forecast. However, many critics are predicting a massive fall in the value of cryptocurrency if Kamala Harris becomes president.

Price Discussions or Assumptions However as investors we should be more focused on Bitcoin accumulation as Bitcoin price is likely to reach $150-$220 in 2025 and with that target we should tend to accumulate Bitcoins in the DCA method.

source: coindesk.com

No that's not true, the MicroStrategy company didn't plan to build their fund based on US presidential election predictions, their main objective was to buy more bitcoins. This company has been continuously buying bitcoins since 2020, their total invested bitcoins are already 252,220BTC. MicroStrategy has recently announced its financial results for the quarter ending October 31, 2024. It even plans to raise $42 billion in capital over the next three years to buy more bitcoins.