Bitcoin's expected rise in the coming days is influenced by key factors tied to the U.S. elections and the Federal Reserve's decisions. Current projections suggest that a Trump victory could boost optimism about Bitcoin, potentially pushing its price to historic highs of around $125,000 by the end of the year. In contrast, a Harris victory might result in a slightly more moderate impact, aiming for levels around $75,000. This scenario is supported by factors such as substantial institutional investments, like MicroStrategy’s continued buildup of Bitcoin holdings, the launch of spot Bitcoin ETFs, and regulatory relaxations—such as BNY Mellon's recent exemption from certain restrictions. These developments could enhance confidence in digital assets and attract more institutional liquidity.
Additionally, a stable monetary policy and the expectation of pro-crypto decisions from the next administration could further boost Bitcoin’s value, especially if major institutions facilitate easier Bitcoin transactions and adoption. Furthermore, the Federal Reserve’s upcoming interest rate decisions are expected to create a supportive environment for rising digital asset prices if the Fed maintains a less restrictive stance, making cryptocurrencies more appealing amid traditional market uncertainties.
Therefore, experts anticipate that November 9 could be a pivotal moment that drives Bitcoin to its highest levels, fueled by political changes and economic decisions shaping the market outlook