I predict BTC will go down as low as $30k if Kamala Harris wins the US presidential race. Some would say BTC will rise regardless of whoever wins in November. But this time is different. Especially when the world considers Trump a favorable US president for the crypto industry. His remarks about freeing Ross and firing Gary Gensler are extremely-bullish for BTC. Losing the presidential race (which I seriously doubt) will be a huge letdown for crypto industry proponents. Right now, BTC "pumped" all the way to $68k in anticipation of this year's elections. But the hype could fade away if Kamala miraculously wins.
These all are just speculations, right?
I am wondering if Trump ever said that he would release Ross Ulbricht and Fire Gary! Do you guys have any source of news? Or is it just another speculation? I don't think Bitcoin will go down to 30K if Kamala Harris wins the US election. I do not want to believe that a single election can change everything. If the election affects the market, we may go down to 50 or 45K. But I would still support Kamala Harris this time even though Trump has more chance to win this election. Bitcoin does not need these cheeky politicians.
Yes they are speculation of the market. And today and tomorrow Bitcoin will hit $64k and if care is not talking, bitcoin will hit $56k in tomorrow night and it will reduce to $50k this week and after the election. Before bitcoin price will rise again. As it is the price has started coming down. This morning the price was $69k but now it is $67500.
And since it is a speculation, let's see what will happen after the election tomorrow.