Trader: Whether Trump or Harris wins, Bitcoin will rise to 80,000 US dollars
According to CoinDesk, despite the market's general belief that Trump's election victory would be more favorable for Bitcoin, analysts say that regardless of the U.S. election results, Bitcoin is expected to break through its historical high.
Recent data from the cryptocurrency options market shows that bullish Bitcoin options from mid-to-late November are concentrated at levels between $75,000 and $80,000. Analysts point out that macroeconomic factors such as expectations of Federal Reserve rate cuts and stock market rises also support the possibility of Bitcoin hitting $80,000 before year-end.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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