The greed sentiment in the crypto market remains, how will BTC perform under the uncertainty of the election?
The US election brings uncertainty, leading to price fluctuations in the market, but the cryptocurrency fear and greed index remains in the "greed" range. As of now, the index is 70, showing optimistic sentiment among speculators. #3370759661
The election sentiment before the US election seems to have failed to suppress the enthusiasm of Bitcoin speculators. Even with outflows facing the Bitcoin ETF, investors still maintain an optimistic attitude.
According to options market data, some investors expect Bitcoin to fluctuate between $70,000 and $85,000, especially in the case of a Trump victory, which could trigger a price increase.
QCP Capital warns that the market may underestimate the uncertainty of the election results, particularly the risk of Harris potentially winning. If so, BTC could drop to $60,000.
Regardless of who ultimately wins, the market generally expects Bitcoin prices to stay above $60,000, with $65,000 being a key support level. #BTC创历史新高 #美国大选后涨或跌? Public: Pumpkin Strategy (weekly analysis strategy for Bitcoin BTC and Ethereum ETH from Monday to Saturday, long-term recommendations for quality individual coins and live analysis)