#RUNE/USDT UPDATE: #RUNE is now trading around 4.6$. #RUNE h | Trade Eagle on Binance Square

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#RUNE/USDT UPDATE:#RUNE is now trading around 4.6$. #RUNE has broken out of the falling wedge and given a daily close, which is a bullish sign. Now the Possible scenario is According to the pattern, we can see bullish momentum in this and the price can pump 30-40%. Stay tuned with us for further updates✔️

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The image compares two cryptocurrency price charts during U.S. election cycles, suggesting a potential price impact following a Trump win. On the left side, the chart reflects the 2016 Trump victory, showing a significant upward trend in price. The right side projects a possible outcome if Trump wins in 2024, implying a similar price rally might occur based on past patterns. This comparison is likely speculative, assuming that a Trump presidency could lead to similar market conditions that might boost cryptocurrency prices. However, it's important to recognize that many factors influence the market, and a similar pattern is not guaranteed. The implied suggestion is that historical events might influence future trends, but actual outcomes will depend on various economic and geopolitical factors beyond election results alone.

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Kamala Harris has made her first public comments on cryptocurrency since becoming the Democratic presidential nominee, sparking excitement and speculation within the crypto community. Her stance on cryptocurrency is of particular interest as her Republican rival, Donald Trump, has been actively courting the crypto sector's support. This marks a potential shift, with many in the industry wondering if Harris might adopt a more favorable view of crypto than current President Joe Biden, whose administration has been perceived as more cautious or even skeptical towards the industry. Harris’ approach is likely to differ, especially since her campaign adviser, Brian Nelson, suggested in August that Harris might support certain crypto policies if elected, while also emphasizing the need for regulatory measures in light of several bankruptcies in the sector. On the other hand, Trump has been notably vocal in his support for cryptocurrency. He delivered the keynote at the recent Bitcoin conference, where he pledged to replace SEC Chair Gary Gensler, who has often been criticized by the crypto community for what many see as restrictive regulations. Trump further underscored his support last week by purchasing a burger with bitcoin in a New York City restaurant—a move that garnered media attention and showcased his openness toward the sector. As the 2024 U.S. election approaches, both candidates' positions on crypto could influence the market and shape the future of cryptocurrency regulation in the U.S. This is particularly noteworthy given recent rebounds in U.S. equities and the countdown to the election.

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How Beginners Can Make $1,000 a Month on Binance: A Practical Guide

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Big Warning ❗️📈 America's election has the potential to bring about an economic shift. So volatility in the crypto market is not a consistent situation. Keep an eye on the market trends and protect your wallet by not entering any trade at this time. #TradeEagle75 #Write2Earn!

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The image you shared highlights a historical pattern in Bitcoin's price movements, comparing similar upward trends after U.S. election dates in 2016, 2020, and a projected trend for 2024. Here's a breakdown of the analysis: ### Observations from the Image: 1. **2016**: After the U.S. election, Bitcoin saw a strong upward trend over **54 days**. 2. **2020**: Similarly, post-election, Bitcoin experienced a significant rise for **58 days**. 3. **2024 Projection**: The chart suggests that Bitcoin could follow this pattern again, potentially experiencing an upward trend over **60 days** after the 2024 U.S. election. ### Key Takeaways: - **Election Influence**: The image suggests a correlation between U.S. election periods and subsequent Bitcoin rallies, possibly due to increased market activity or economic shifts that follow elections. - **Lengthening Cycle**: Each cycle shows a slightly longer duration (54, 58, and 60 days), which may imply a gradual lengthening of market reaction time. - **Price Target**: The 2024 chart hints at a possible significant increase in Bitcoin's price, potentially reaching $100,000, following the pattern from previous cycles. ### Interpretation and Strategy: - **Historical Pattern Trading**: If this trend holds, it could indicate a favorable period for long positions in Bitcoin following the election, especially over a 60-day window. - **Caution with Projections**: While historical data can offer insights, it’s essential to remember that markets can be influenced by various unpredictable factors. External economic conditions, regulatory changes, and global events can all impact Bitcoin’s trajectory. - **Potential for Bullish Sentiment**: Given the pattern, there may be increased bullish sentiment around this period. Traders may watch for entry points early in the cycle (around election time) and consider profit-taking as the cycle progresses. In summary, this chart suggests a possible bullish trend for Bitcoin post-election in 2024, following a pattern observed in previous cycles.

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