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Bitcoin Price Outlook and Potential Impact of the 2024 US Election

CointelegraghNov 5, 2024

Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800. Bitcoin could see heightened price volatility following the United States presidential election, but analysts view this as a positive development for its price trajectory. Bitcoin could benefit from a victory by former President Donald $Trump, who is generally viewed as a more pro-crypto candidate. A potential $Trump win could pave the way for the next Bitcoin rally. Regardless of the election results, the altcoin market is expected to face more downside.

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Bitcoin Price Outlook and Potential Impact of the 2024 US Election

CointelegraghNov 5, 2024

Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800. Bitcoin could see heightened price volatility following the United States presidential election, but analysts view this as a positive development for its price trajectory. Bitcoin could benefit from a victory by former President Donald Trump, who is generally viewed as a more pro-crypto candidate. A potential Trump win could pave the way for the next Bitcoin rally. Regardless of the election results, the altcoin market is expected to face more downside.

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