CandleFocus Assertive Statement from Analyst for Bitcoin! "BTC Will Reach These Levels No Matter Who Wins the US Election!"
2024-09-12
Author: Content Editor
The leading cryptocurrency Bitcoin is currently awaiting the FED's interest rate decision and the US presidential election results for an upward catalyst. The general expectation in the market is that the BTC price will rise if Donald Trump wins, and fall if Kamala Harris wins. However, Steven Lubka, the manager of Bitcoin savings company Swan, believes that regardless of the election outcome, Bitcoin will reach six-digit figures by 2025. Lubka dismisses concerns that a Kamala Harris presidency would lower the price of Bitcoin and expects BTC to rise through spot ETFs. While there could potentially be a sudden price increase if Trump wins and a momentary decrease if Harris wins, Lubka believes that the election winner will not have a significant impact on the BTC price in the medium term.
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