Bitcoin Looking At A 'Very Bullish Setup' Ahead Of US Election, Industry Expert Says
Portfolio Pulse from Murtuza Merchant
Matthew Sigel from VanEck predicts a bullish setup for Bitcoin as the U.S. election approaches, driven by macroeconomic factors and political dynamics. Bitcoin's price could surge if Trump wins, with projections reaching up to $80,000 post-election.
October 28, 2024 | 3:37 pm
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Bitcoin is expected to experience a bullish trend leading up to the U.S. election, driven by macroeconomic factors and political dynamics. A Trump victory could further boost Bitcoin's price, potentially reaching $80,000.
The article highlights several factors contributing to Bitcoin's bullish outlook: Trump's pro-crypto stance, increased money supply, and historical election-related volatility patterns. These factors, combined with market anticipation, suggest a potential price surge, especially if Trump wins.
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