According to the "Bitfinex Alpha" report, Bitcoin is expected to experience turbulent weeks ahead due to election uncertainty, the "Trump trade" narrative, and favorable fourth-quarter conditions. The lead-up to the US elections has already seen price fluctuations for Bitcoin, and analysts expect volatility to intensify as the election date approaches. The outcome of the election, particularly if Donald Trump is re-elected, could have significant implications for the market. The implied volatility (IV) curve suggests heightened anticipation and the market is preparing for substantial price swings. Despite recent corrections, Bitcoin has shown strength in the fourth quarter historically, and the "Trump trade" effect is contributing to its current performance.



Other News from Today