Founder of US Investment Company Announces Date for Bitcoin (BTC) to Rise!
How many dollars can Bitcoin reach after Donald Trump wins the election?
Michael Terpin, founder of American investment fund Transform Ventures, said that October and November are historically good months for the leading cryptocurrency Bitcoin (BTC). Terpin thinks that Bitcoin will exhibit upward movements in these months.
According to Michael Terpin, if Republican candidate Donald Trump wins the US presidential election, the Bitcoin (BTC) price will reach $ 100,000.
Michael Terpin emphasized that historically the leading cryptocurrency has lost value in the first six months after the halving and this fifth cycle is no exception. Terpin, who made a statement about the upcoming process, said the following:
“The bull market will continue in the traditional four-year cycle line for the next 60 days. Bitcoin will make a solid rise in October and November.”
According to the founder of Transform Ventures, the announcement by the Bank of Japan that it will not raise interest rates and Jump Trading's announcement that it has stopped selling crypto have made Bitcoin's chances of falling below $50,000 again zero.
According to Terpin, investors are once again convinced that Bitcoin is a medium- and long-term profitable tool, with the rapid recovery following the recent declines.
