11.4 Accurate Market Analysis

Hello brothers, the U.S. election voting starts tonight,

results will be out tomorrow, how will BTC perform?

If Trump wins, it will be very good news

he plans to include BTC in national reserves and support BTC mining

If Harris wins, the good news is not as significant as Trump's

but her anti-inflation policies are more comprehensive, negatively impacting U.S. bond yields

which is beneficial for BTC in the long run

If Trump wins, BTC will skyrocket

If Harris wins, BTC will have a short-term pullback of about 5%, and then BTC will consolidate before rebounding

For us in the crypto community, Trump is the better option

From on-chain data,

in the past few days, Binance has seen inflows of several thousand BTC, which is bearish

at the same time, a large amount of stablecoins has flowed into exchanges, which is bullish

Yesterday, ETF data showed an outflow of 500 million USD

Tomorrow night, significant volatility is coming

My view: Don't worry about a drop

$67000 is hard to break, there is relatively strong support