Post
Topic
Board Speculation
Re: BTC will go back to $30k if Kamala wins
by
Abiky
on 31/10/2024, 14:38:32 UTC
Unless you want to scare the sh*t off the average American voter Grin, this is an awful prediction from somebody whose account is almost 10 years old on this forum.
I'm pretty sure you know how the price has been moving historically.
I'm pretty sure you know that the price has very good chances to go parabolic again, no matter who is winning.
And I'm pretty sure you also know that whoever becomes POTUS, he/she will have little effect on Bitcoin; it's the Congress that has power on that matter.

Yes. I'm aware of that. But like I've said, this time it's different. Especially when Trump has been frequently labeled as the "pro-crypto President". No other candidates before him has even mentioned or expressed their support of Bitcoin and the whole crypto industry (as far as I'm aware). Therefore, a Trump loss would mean a huge loss for the crypto industry in the US. At least, that's how the world will see it.

I'd say Bitcoin declining to $30k after a Kamala win is a high possibility. It will only be for a short period of time. If you're one of those who missed buying BTC cheaply, this would be the perfect opportunity to grow your stack of coins before the big "pump". It might never go back to such prices again. Whatever happens, rest assured Bitcoin won't be going anywhere soon. Cheesy