According to ChainCatcher, the CEO of Custodia Bank predicts that after Wall Street adopts Bitcoin, Bitcoin will see the largest short squeeze in human history. Before the US presidential election, the Bitcoin market will see a "roaring" bull market, and although the price is falling now, the fundamentals still look strong.

She added that the price of BTC always falls after each Bitcoin halving because miners are unable to maintain their business and liquidate their BTC holdings. She believes that the price of Bitcoin will rise sharply in October.