With or without the election, bitcoin will be bullish this month of November, because we are in the bull run and we are getting closer to the peak which we are expecting by the first Q1 of next year. Bitcoin price needs to start uptrend movement for history to repeat itself again and a new ATH will be recorded. It is just that if Trump wins we can achieve this faster, and we might see a higher price of ATH than if Kamala wins. I don't also believe that if Trump wins, bitcoin price will only keep pumping till it gets to a $100k, we will still experience price dips.
If there were no elections or if politicians did not mention it and use it as a tool in elections, things would probably be much more predictable. But with bitcoin and the crypto industry tied to the presidential candidate, things could get turned upside down and even worse if he doesn't win.
Based on the 4 year cycle we have been in a bull market but honestly, I don't feel like it. Do you feel like we are in a bull market? From my observations on forums, social media and investors around, I don't see the market being as optimistic or excited about us being in a bull market as many would expect.
Bitcoin won't skyrocket to $100,000 if Trump wins, but at least his victory will create excitement and catalyze a strong bull run in the market.