The most common question I’ve gotten to this post is:
“Do you believe this plays out regardless of who wins the election?”
My answer is yes. Here’s why:
- 📅 2020 Election Impact:
- Market fears if Trump lost to Biden.
- Reality: Equities soared to new highs after Biden's win.
- Bitcoin followed suit, reaching unprecedented levels.
- 🔍 Market Dynamics:
- Regulatory clarity is key.
- Once clarity is achieved, the market continues its momentum.
- 📈 Higher Time Frame Considerations:
- Election outcomes affect how long and how high the bull run might extend.
- Not as critical in the short term as many believe.
- 🚀 Current Bull Run:
- Far from over.
- Just getting started.
In summary, while elections have their impact, Bitcoin's bull run is driven by broader market dynamics and regulatory clarity. It's poised to continue its upward trajectory regardless of who wins the election. BITCOIN is long term bullish if it stay above 39k zone but if touch downside this zone then totally changed scenario.
