Hey! The market’s looking pretty solid at the moment, but I wonder if things could change if Kamala wins the election. It’ll be interesting to see how it all unfolds.
If Kamala wins, I don’t think we’ll see a significant surge in the price of bitcoin all of a sudden, it’ll take time even though there’s going to be a surge in the price. Her winning cannot stop bitcoin from attaining its all time high for this cycle. It’ll only have a short time effect on the price of bitcoin but not for a long time. She’s not a very good lover of bitcoin, so the news may tempt the market move to relax for a while.
Trump winning will immediately have effect on the price of bitcoin to the positive side. He’s a big time fan of bitcoin and just as we've seen in many of his campaigns, he’s going to make bitcoin a more accessible and user friendly currency for the US people. A rise in the price of bitcoin is much more certain when Trump wins the election than what Kamala wins. The market is in a state of danger for traders now, they need to be more careful with trades now than before.