Quote from: Ultegra134 on November 02, 2024, 01:58:00 PM

Quote from: Yaunfitda on November 02, 2024, 01:12:01 PM

You can put it that way, regardless of the result of the US election, Bitcoin will have not choice but to go on a bull run this 2024 to 2025. We've known that the market is very unpredictable, even if you see at the price prediction games here, there are those who join the contest that I think might win, but in the matter of just 48 hours the prices changes and so there is a new set of winners.

So this trend could be the same, very volatile and yet sooner or later there could be a big price rise, a parabolic increase and then the next thing we know, the price is already at the $100k price range. So 6 months, or in a year, we could achieved that price.

Well, the elections are on Tuesday, so we'll see how things progress soon enough. However, I'm not too familiar with the elections and who's likely to win, but from my understanding the main two candidates, Trump and Kamala have shown an interest in cryptocurrencies, which may perhaps alter Bitcoin's movement in the short-term. I don't doubt that Bitcoin will thrive no matter the election outcome, but it may have short-term negative or positive result. We'll see in a few days, despite that, I'm extremely confident about 2025 regarding Bitcoin's performance.

Only Trump has expressed public support for Bitcoin, Kamala has shown no interest in Bitcoin or cryptocurrencies, she has ignored and barely mentioned cryptocurrencies throughout the campaign. So the election results will have an impact on Bitcoin's movement in the short term.

In case Kamala wins and stays neutral on bitcoin then we could see a bull run, but if she goes against bitcoin and enacts tough policies then I doubt we will see a bull run in 2025. We should accept the fact that things have changed from the past, bitcoin is getting attention from the government and they have a significant impact on it through policies. It can be said that the development of bitcoin these days depends on the government, on the world economy, whether we like it or not, that is the truth.