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Bitcoin Poised for $100K, Trump Win May Be Short-Term Catalyst, Says Analyst
Bitcoin analysts predict a strong chance for the cryptocurrency to reach $100,000, with the upcoming U.S. presidential election potentially playing a role in its short-term momentum. A Trump win might accelerate BTC's rise due to anticipated favorable regulatory changes, while a Kamala Harris victory could introduce a temporary dip from cautious investor sentiment. However, analysts agree that the election's impact will mainly influence the short term, as Bitcoin’s long-term upward trend appears secure. Historically, BTC has rallied post-election, regardless of the winning party, and in 2024, it has already outperformed traditional assets significantly. 0 reply
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