Bitcoin (BTC) Could Fall Below $60,000
- Bitcoin is at risk of falling below $60,000 due to rising geopolitical tensions in the Middle East. 📉
- Standard Chartered analysts say that BTC is likely to fall further; however, they say that this decline should be considered as an opportunity to increase digital assets.
- It is predicted that BTC could experience a significant increase if Trump wins the elections. A short-term decline is expected if Kamala Harris wins.
- BTC call options are increasing; this shows market participants' expectations for a price increase. 📈
- BTC call options with a maturity date of December 27 and a price of $80,000 on the Deribit exchange have increased by 1,300 BTC in the last two days.