World's Leading Bank Bullish with Bitcoin! Maybe BTC will bet $100K before this event takes place
According to analysts from Standard Chartered Bank, it is possible that this August Bitcoin will increase in value to $100k. There are many objective factors supporting the above view, especially the US presidential election event.
Standard Chartered analyst points out a positive correlation between the election of former President Donald Trump and Bitcoin price: Regulations for Crypto and the coin mining sector will become more favorable under President Trump.
Donald Trump is continuously supporting and promising beneficial policies for Crypto and Bitcoin once he is elected US president. Therefore, the fact that Biden is weak and may withdraw from the presidential race will push Bitcoin prices higher before the result for the US presidency is decided.
