Let's talk about the impact of the US election schedule on cryptocurrencies. Will it rise or fall?

Let's take a look at the schedule first:

Republican primary (1.15-6.5), Democratic primary (2.3-6.8); Republican National Convention (7.15-7.18), Democratic National Convention (8.19-8.22); three rounds of presidential debates (9.16, 10.1, 10.9); Presidential election day (11.5); Electoral College formal vote (12.17).

This fight will be very tense. The topic of cryptocurrency has undoubtedly become a bargaining chip for the two old Deng candidates to win votes from middle-class voters. So related news will appear in turn in the congress and debates. You will see Biden talking about cryptocurrency, and Trump will say: You know nothing, cryptocurrency should be something.

You are a banker, what do you think? Playing a big drop during this period? Crazy, how can you not make money if there is exposure? Moreover, if the market rises, both Deng and Deng can say that it is their own credit, but if it falls sharply, the King of Understanding will definitely say: Look, it is the Biden administration that opposes cryptocurrencies, which has caused losses to 50 million American holders, but you still don’t vote for me? Biden will be furious, what if he is elected and he doesn’t investigate you severely? Can you afford to offend him? So it is best to rise neutrally.

Feilong predicts that if this summer is a summer of sideways or slow growth, there will definitely be a fierce pull from September.

Feilong looked back at the data of US stocks in the election year. Most of them are slightly rising in a stable manner. Although not as good as some years, there will be no explosive decline.

Because the incumbent Deng will try his best to stabilize the situation, just like Mr. Gou predicted that there will be no interest rate cut this year. The interest rate cut means that the economy is not doing well. First, it is shameful, and the realization of good news will cause the US stock market to fall. Deng will definitely let the Federal Reserve use various methods to stabilize it, that is, not to cut interest rates. After the election, it’s okay to collapse.

After the voting, nothing will be affected, and cryptocurrencies can start to fall with confidence. The price fell before the last unrealized positive news: interest rate cut, because many retail investors will wait until the last positive news is realized before selling!

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