We need to know why Bitcoin prices rise when Trump's winning rate increases!
It's because Trump promised a lot of favorable crypto policies when he was campaigning, and stood on the side of crypto users.
So the market believes that Trump will bring new support to the crypto market after he takes office, thereby driving up the price of the currency!
The current market's main benefit for Trump's coming to power is the emotional aspect. From the perspective of the president's winning rate, the market's rise has already overdrawn Trump's victory in advance!
I think: After Trump wins, he will first release the emotions of the crypto market, driving the price to soar in the short term, but the sustainability is not strong, because after all, it is driven by emotions. After that, the early layout profit-taking plates began to leave the market, which led to the price starting to fall back, the emotions began to subside, and then entered the adjustment and waited for the market to choose a new direction!
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