Bitcoin Is A 'Liquid Hedge' Donald Trump Winning The Election But Don't Count On $100,000 In 2024, Analyst Says
The Bitcoin Price Surge The pseudonymous analyst highlighted the unprecedented rise in Bitcoin's price, with the cryptocurrency reaching an all-time high of $13,000. This surge has been attributed to various factors, including increased institutional interest, the weakening U.S. dollar, and the upcoming U.S. presidential election. #Bitcoin #BTC #crypto Influence of the U.S. Presidential Election Lazy Villager's analysis suggests that the upcoming U.S. presidential election could play a significant role in Bitcoin's price movement. With the election just around the corner, uncertainty and volatility are expected in the financial markets, and Bitcoin may not be immune to these effects. #Election2020 #Bitcoin #BTC Bitcoin ETF Inflows Despite the recent surge, Lazy Villager pointed out that the growth potential for Bitcoin in the final quarter of the year may be limited. This is due to the significant inflows into Bitcoin ETFs, which have been reaching record hig...