1. Most likely scenario:
In the short term, Bitcoin rose to $60,000-61,000, and then encountered a short-selling correction, and the price fell, but it would not fall below the previous low of $52,510, forming a higher low. In mid-October, Bitcoin rose again, breaking through the September high to $65,000, and then went sideways, waiting for the third interest rate cut. In November, it entered the main upward wave, breaking through $70,000, rushing to $85,000, and stabilizing at around $88,000 at the end of the month. It is expected to break through $100,000 in December.
2. Bull market starts:
In the next few days, Bitcoin will break through $60,000 and start a bull market. Before the third rate cut, the price broke through the historical high of $74,000, and continued to rise after the rate cut, reaching $100,000 in November.
3. Least likely scenario:
After Bitcoin surged to $60,000 in the short term, bears stepped in and the price plummeted, entering a deep bear market. The initial interest rate cut may be accompanied by an economic crisis, further suppressing the price of the currency.
Get ready for the future of Bitcoin! #美国大选如何影响加密产业？
