Bitfinex analyst: Bitcoin will usher in a "perfect storm" and is expected to hit a record high in November
PANews October 29, according to Cointelegraph, analysts at the cryptocurrency exchange Bitfinex said that the possibility of Trump winning the presidential election, coupled with historically bullish market conditions, may become a "perfect storm" for price action, which is expected to push Bitcoin to a record high next month; the convergence of election uncertainty, the "Trump trade" narrative and favorable fourth-quarter seasonal factors has created a perfect storm for Bitcoin, and no matter how the price moves before the election in two weeks, the future will be an exciting period; although Bitcoin has experienced huge fluctuations due to geopolitical turmoil in the Middle East and other macroeconomic issues in the United States, expectations that Trump may win the November 5 election have caused its price to rebound sharply. $BTC