$BTC Market Forecast
Tomorrow is the day of the U.S. elections. The recent downturn is the result of the market reaching a high point, with most people choosing to sell and wait for a clearer picture; (because the election results will lead to significant fluctuations in the cryptocurrency market and other financial markets, many will wait to see the results before making their move)
I am just observing. I sold Dogecoin at over 17, (bullish) tonight is the last night, and this afternoon I already bottomed out with Pepe and Floki.
If Trump is elected, there will be a surge, animal coins will go crazy;
If Harris is elected, there will be a sharp drop, and animal coins will fall even more;
Opening contracts now is the biggest gamble, there will be a significant rise or fall in a short time; thus, if you bet right, you can gain substantial returns quickly;
I am still optimistic about Trump being elected. Although Harris is leading in votes, the final election does not depend on the total votes of all voters, but on the number of representatives from each state;
(For example, if a state has 60 million people supporting Harris and 30 million supporting Trump, and this state has a total of 20 electoral votes, Harris gets 12 votes and Trump gets 8. In another state, Trump gets 5,000 votes and Harris 4,000 votes, Trump may win 15 electoral votes in that state while Harris only gets 5.
On the surface, it seems Harris has 10,000 supporters and Trump only 7,000, but Trump actually gets 23 electoral votes while Harris only gets 17. At this point, Trump still wins);
This wave is bullish; Pepe and Floki are already very low. I’m not afraid of the drop; I’ve closed my eyes and bought in the spot market. Due to the large fluctuations, contracts are just gambling. Judge for yourself whether to go long.