Since the recent period, especially the market expects that Bitcoin will rise sharply in October, and come out of the so-called October market, the demand for Bitcoin has increased, and the price of Bitcoin has also hit higher lows. After falling to $59,000, strong buying activity has driven Bitcoin up, market funds are flowing back into Bitcoin, and investor confidence has increased, indicating that Bitcoin is expected to rise further.
Cryptocode's CEO previously tweeted that if Bitcoin does not start a bull market in the next two weeks, it will see the longest sideways trading in the year of Bitcoin halving. If the US presidential election will drive Bitcoin into a bull market, then Bitcoin's cyclical trend will repeat. Polymarket data shows that Trump's approval rating is higher than Harris. If Trump can be successfully elected, Bitcoin's upside should be greater than expected.
