Matthew Siegel noted historical parallels: between the 2020 elections and the end of that year, Bitcoin doubled its value despite several corrections of around 10%. The current rally has already shown a 30% increase and also demonstrates similar trends.
Optimism regarding Bitcoin is supported at the management level of VanEck. Recently, CEO Jan van Eck suggested that the value of BTC could reach $300,000 if its capitalization reaches half of the world's gold supply.