Bitcoin (BTC) has closed above a major resistance level for the third consecutive week, drawing attention from investors who see this as a positive sign for its long-term potential. As the U.S. presidential election approaches, analysts predict that the results could cause Bitcoin's price to swing by at least 10%. Despite regular price swings, Bitcoin has shown resilience, leading to increased investor confidence. Historically, U.S. election years have sparked bullish runs for Bitcoin, and traders on Binance are feeling bullish about its potential. In previous election years, Bitcoin's price saw remarkable increases, and some analysts predict that it could reach $103,500 by the end of 2025. The decentralized nature of Bitcoin makes it particularly attractive during times of economic uncertainty. Overall, the crypto community is optimistic about Bitcoin's future and believes a new all-time high could be on the horizon.



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