Elections and Bitcoin: Volatility in Anticipation

🟦With 16 days remaining before the U.S. elections, Bitcoin is showing its highest price since the end of July. Speculators suggest that a Trump victory could lead to a sharp rise in BTC’s price, an idea supported by major financial institutions. While some experts argue that the elections will have no effect on Bitcoin’s value, analysts are predicting the possibility of the so-called “God candle” — a powerful price surge.

🟦A Trump victory could push Bitcoin to $125,000, while a win for Harris might cause its value to drop to $30,000. Despite the speculation, the election results may turn out to be a minor event for BTC, but expectations of volatility are rising. Bitcoin, having survived historical fluctuations, may once again become a focal point in the context of the upcoming elections.