**Bitcoin on the Edge: Awaiting the US Election Outcome! 🗳️**
As the US presidential election looms, Bitcoin enthusiasts are on the edge of their seats! Despite the usual pre-election buzz, BTC's volatility is surprisingly low, with investors adopting a cautious "wait-and-see" approach. 🤔
Bitfinex analysts note that the front-end of the options market is under pressure, with implied volatility in the low 40s. This could hint at deeper concerns for Bitcoin and altcoins, especially with options approval for Bitcoin spot ETFs on the horizon. 📉
While the market holds its breath, predictions of BTC hitting $100,000 by year-end hinge on the election outcome. Will Trump’s potential win boost BTC, or will a Harris victory bring bearish vibes? Stay tuned! 🚀