As the US presidential election draws closer, the market is filled with anticipation regarding Bitcoin's trajectory. Despite some regulatory and policy uncertainties affecting the cryptocurrency industry, investors generally believe that regardless of who wins, Bitcoin will continue to thrive in the coming years.
Experts suggest that the current global macroeconomic environment and US fiscal policies are the main factors influencing Bitcoin's price. Analysts at Swan Bitcoin predict that by 2025, Bitcoin surpassing $100,000 is almost inevitable. Even with potential election outcome uncertainties, Bitcoin, as an asset closely tied to the global economy, has a strong long-term outlook.
Although there are concerns about the potential impact on cryptocurrencies if Democratic candidate Harris is elected, the co-founder of the cryptocurrency platform Crypto Valley Exchange believes these worries are exaggerated. The launch of Bitcoin ETFs further drives the institutionalization of the cryptocurrency market, solidifying Bitcoin's position in the global market.
Overall, the impact of party disputes on cryptocurrencies is limited. Analysts indicate that Trump's election might lead to a short-term rise in Bitcoin, while Harris's victory might cause some market fluctuations. However, in the medium to long term, Bitcoin's price is more influenced by macroeconomic factors and global supply and demand dynamics.
