November 5. Bitcoin and the US presidential election.

It seems that these elections in the USA will not end with an unequivocal victory of Trump, for which the markets, including the American stock market and Bitcoin, have been preparing for the last week (which is why we saw the run of Bitcoin to 72 thousand dollars).

If Harris wins, the markets will most likely react with panic and go further down, continuing the current trend. However, over time, they realize that the coming huge amount of stimulating money (growing global liquidity, money supply, etc.) will again pump up assets.

Therefore, one should expect a lot of volatility in the short term, but at the same time take into account that the growth potential for the long term has not gone anywhere. Not only the result of the elections, but also the likely reduction in the interest rate of the US Fed this Thursday will cause greater volatility.

→ If Harris wins, a dump is possible, followed by consolidation and a pump.

→ If Trump wins, probably a pump, and then an even bigger pump.

In fact, both candidates are considered optimistic for Bitcoin in the medium and long term, since both candidates unknowingly go to the same goal in different ways (increased debt, deficit, budget spending and money printing)

Overall, Bitcoin's path is inexorable regardless of who is in the White House. Bitcoin is not tied to the president's chair, it is tied to the ever-falling fiat. This is why I still expect higher Bitcoin prices relative to ANY fiat in the long term.

Good luck everyone and get ready for the upcoming DCA opportunities and look forward to an even more exciting future for Bitcoin!