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根據AJ Bell的Russ Mold的說法,比特幣的下跌歸因於特朗普概念在總統競選中可能失去吸引力的跡象。他在一份備忘錄中提到,最近的民調顯示卡馬拉·哈里斯在總統競選中領先。他指出,比特幣與特朗普在民調和博彩市場中的位置密切相關。鑑於他對加密貨幣政策的積極態度,他提到投資者可能預期特朗普的潛在勝利將推動比特幣的需求。根據LSEG Refinitiv的數據,比特幣下跌了1.3%,至66,590美元。
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2020 election After the most recent voting, the November 2020 election, which coincided with the COVID-19 pandemic, Bitcoin rose by 478% a year later, reaching a market peak of around $69,000. It hit an all-time high of $73,000 in October 2024. After each event, with Bitcoin's price significantly higher than four years prior, the magnitude of the jumps has decreased, providing diminishing returns. The percentage decrease between the first and second numbers is 70%. Between the second and third, it is 87%. If we continue this trend and assume this time, the decrease will be around 90%; this implies a post-election rebound of approximately 47.8%. This would put Bitcoin at around $103,500 in the fourth quarter of 2025.$BTC
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As the countdown to the U.S. elections heats up, Bitcoin (BTC-USD) traders are rife with speculation. Recent trends show that traders are betting on Bitcoin hitting new highs, with options set to expire on November 8 revealing a strong interest in the $75,000 strike price, according to Bloomberg, Many believe Bitcoin could climb significantly, regardless of whether Donald Trump or Kamala Harris wins the presidency. Traders have typically viewed a Trump victory as a boon for Bitcoin due to his pro-crypto rhetoric. However, some experts argue that market forces are more favorable than any political figure. "Both Presidential candidates have adopted pro-crypto stances," said Jeff Mei, COO at BTSE, according to CoinDesk, showing shift in sentiment toward potential gains, Interestingly, Bitcoin's potential ascent to $80,000 is bolstered by broader macroeconomic factors, including the Federal Reserve's anticipated rate cuts. "The fact that this coincides with the first Fed rate cuts in four years adds to the thesis that Bitcoin could surpass its all-time high," Mei noted in a recent discussion with CoinDesk. Traders are also ramping up their options activity, indicating a bullish outlook. "BTC vol skews heavily in favor of higher prices post-election," Augustine Fan from SOFA stated to CoinDesk, suggesting many view these moves as hedges against market volatility.
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!!!! NOTE: If you have a cryptocurrency trading account, please turn on the candlesticks in your account chart to understand these meanings more clearly If price breaks out of these areas, cultural support may turn into resistance, and resistance may turn into support In the above chart, once the price breaks the support level (1), it becomes the resistance level (2), and once the price breaks the resistance level (3), it becomes the support level (4)From a bull market perspective, when the market hits a previous low, it is more important than when the market hits a previous high. In a bear market, it is more important for the market to trade to the previous high than to trade to the previous low In other words, the more times a support or resistance area is "hit," the more important it is, and support and resistance areas are very important for consistent setups
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Whether you trade cryptocurrencies, forex, commodities, options, or stocks, support and resistance levels form the basis of most technical analysis chart patterns. It is the most important and legitimate quantity and price indicator. There is no one, very accurate, no lag, the price is at a certain level 〰️〰️🚨🚨🚨〰️〰️🚨🚨🚨〰️〰️Price doesn't know if it should be overbought or oversold and turns in the opposite direction, which by the way is where indicators can go astray. People have been fascinated by technical indicators for years, and in fact most trading platforms are filled with them
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