With the presidential elections in the USA approaching, crypto investors are exercising caution, which is reflected in the low volatility in the Bitcoin options market. 🤔
Bitfinex analysts note that investors have taken a wait-and-see approach, expressing distrust in the current price movements of BTC. It is expected that the volatility structure will change between November 5 and 8, but the market direction remains uncertain.
On the Polymarket platform, Trump's chances of winning are estimated at 62.5%, which could be a bullish signal for BTC, while a Harris victory is considered bearish. 🗳️