QCP: BTC has gone through three election cycles since its inception in 2009, with new highs in each cycle, and prices have never fallen back to pre-election levels. We expect this bullish momentum to remain strong as we enter 2025. Although the market expects the probability of rate cuts to decrease due to Trump's "friendlier" policies, the market still expects 1.8 rate cuts this year and another 3 rate cuts next year.