If Harris is elected, will the black swan come?
I saw a chart earlier that if Trump is elected, BTC will rise to 200k, and if Harris is elected, BTC will go to zero.
Haha, this is just a joke.
If Trump is elected, policies will be favorable for crypto, because Trump once threatened to make BTC a national reserve currency.
That's pretty strong! It could change the nature of crypto!
From something that has been considered a scam for decades, suddenly being treated as legitimate!
On the other hand, Harris is clearly not very friendly towards crypto! More importantly, she has vowed to impose a capital gains tax on the wealthy!
This is also why Buffett has been crazily selling US stocks recently, because if this capital gains tax is implemented, the wealthy will have to sell assets and gather cash to pay taxes.
Robbing the rich to help the poor will inevitably trigger a wave of selling!
However, in the current interest rate cut cycle, as long as rates do not quickly drop below 4%, the overall crypto market will remain stable! Rest assured!
This expectation can keep global assets in a relatively easy-to-earn phase!
But! If the Fed completes the rate cuts! Returning to its most favorable rate of 3%-4%! Then it's going bearish
#BabyMarvin F9c7