Topic: BTC will go back to $30k if Kamala wins - page 2. (Read 1121 times)
It is too much to think that Bitcoin will fall below $30k just because Kamala won the US election, because the effect of the US election on the price of Bitcoin is not so much that it will make Bitcoin rise significantly or fall to the lowest point. It is true that if Kamala wins, there will be many investors who are pessimistic about the future of Bitcoin in the US, and that might affect the price of Bitcoin, but it will not make the price drop very deep, at most only 1-2% - because of the effect of investors selling their Bitcoin, but after that the market will probably recover again. So there is no need to worry if Kamala wins, because even though there is an effect on the Bitcoin market, it is not very significant.
What do you think will happen with Bitcoin's price after the US elections? Will either candidate's win have a direct effect over Bitcoin's market price? Your input will be greatly appreciated. Thank you very much.
If Kamala Harris wins the US presidential election, it will definitely have a big impact on Bitcoin. The price of Bitcoin will go down a lot if Donald Trump loses this election. Because Kamala Harris does not support Bitcoin, due to which if she is elected, the Bitcoin industry will suffer a lot, and this will have an impact on all crypto markets. And if Donald Trump wins this election, I think it will be bullish for Bitcoin and the price of Bitcoin will stand at a higher position than it is now. Moreover, I think Donald Trump will win this US presidential election and I support him. If he wins, the future of Bitcoin will be in a better position.
There is a lot of speculation, there are important dates, and now it is time for the presidential elections.
We will see who will be elected in a few days and then how the market will react.
Bitcoin is actually such an asset that it should be affected very little by such events. I don't know, including the US presidential elections, I don't think anything else could make Bitcoin fall that much after the halving.
We will see who will be elected in a few days and then how the market will react.
Bitcoin is actually such an asset that it should be affected very little by such events. I don't know, including the US presidential elections, I don't think anything else could make Bitcoin fall that much after the halving.
I predict BTC will go down as low as $30k if Kamala Harris wins the US presidential race. Some would say BTC will rise regardless of whoever wins in November.
this speculation would look like a campaign approach that's about convincing people to vote for Trump for the fear of Bitcoin dumping if he didn't win in the November 5th election. The way to buy the conscience of voters isn't just about the effect of the outcome of the election on bitcoin. The election isn't about Bitcoin alone but deals with other issues that plays important role in an economy just like how Bitcoin affects the economy.The likely speculation that's certain to play out is that regardless of who eventually emerge the winner, there's going to first be a short term reaction on Bitcoin price which can be either positive or negative depending on who wins. there decision afterwards is what will tell if $30k is possible or that we might be heading past this current ranges. The election will come and go and Bitcoin will keep moving up.
I predict BTC will go down as low as $30k if Kamala Harris wins the US presidential race. Some would say BTC will rise regardless of whoever wins in November. But this time is different. Especially when the world considers Trump a favorable US president for the crypto industry. His remarks about freeing Ross and firing Gary Gensler are extremely-bullish for BTC. Losing the presidential race (which I seriously doubt) will be a huge letdown for crypto industry proponents. Right now, BTC "pumped" all the way to $68k in anticipation of this year's elections. But the hype could fade away if Kamala miraculously wins.
What do you think will happen with Bitcoin's price after the US elections? Will either candidate's win have a direct effect over Bitcoin's market price? Your input will be greatly appreciated. Thank you very much.
What do you think will happen with Bitcoin's price after the US elections? Will either candidate's win have a direct effect over Bitcoin's market price? Your input will be greatly appreciated. Thank you very much.
I hope you´re right so I can buy more
What is this, a campaign strategy? I get wanting Bitcoin to pump, but the idea that voting for Trump would prevent Bitcoin from dipping seems a bit of a stretch. Sure, Trump could potentially be more Bitcoin-friendly, and some of his policies might align with the crypto market if he wins. But the hype suggesting that Bitcoin would skyrocket to $100k because of it feels overblown. The last week's bullish run isn't driven by political figures but fueled by institutional investors betting on Bitcoin.
And if Bitcoin does fall back to $30k, it doesn’t mean it’ll stay there. Time and again, it’s shown that it can recover and break through new ATHs. So, I wouldn’t put too much weight on those kinds of predictions. Bitcoin’s resilience speaks for itself.
And if Bitcoin does fall back to $30k, it doesn’t mean it’ll stay there. Time and again, it’s shown that it can recover and break through new ATHs. So, I wouldn’t put too much weight on those kinds of predictions. Bitcoin’s resilience speaks for itself.
What do you think will happen with Bitcoin's price after the US elections? Will either candidate's win have a direct effect over Bitcoin's market price? Your input will be greatly appreciated. Thank you very much.
If I speculate, Kamala Harris is a little different from the others, although currently digital currency/Bitcoin is linked to the US presidential election, in my understanding and I have not seen Harris utter any strong words against crypto, blockchain and so on he is still hesitant in saying anything against digital currencies.However, if you look again at Joe Biden when he was running for US president, he also talked about crypto a lot and at length, However, until his term of office expires, crypto or Bitcoin is still a guide for investors and the crypto market continues to grow today.
From existing experience, it is clear that whoever the future US president is, the crypto or Bitcoin market will continue to develop over time, So the victory between Kamala Harris and Trump between them becoming president Bitcoin continues to go down and up based on existing experience and determined by buyers and sellers.
You are free to give your prediction but not as exaggerating as this because you are pointing the issue towards Kamala directly when he has nothing to do with the price dumping in the future.
Yeah I believe in trumps administration to bring what is better for crypto community but this does not mean Harris will be a burden , though we knew that Trump will win this one now.
The market is pinning a lot of hopes on a Trump win so a panic sell is inevitable if she wins, but a drop to $30k is unlikely. I also agree that OP is exaggerating a bit if Harris wins.
Even if she is not friendly to bitcoin, it is not so bad, we do not need to be too pessimistic. Biden is proof of that, he is not friendly to it but he also does not ban or restrict it too much. But we have a pro bitcoin president, which is much better, so vote for trump.
Quote
Like what said over how many years ,Bitcoin will continue to grow year after year no matter who wins the presidency each election .
Well in my own opinion yes, Bitcoin will still behave like Bitcoin, yes their will be an effect, though their will be a strong dip if Kamala wins, but after that dip, it will always rally back and recover because Bitcoin has outgrown that theories or speculations of going back to 30k due to the final outcome of an election, and all that dip will happens due to the fact that most investors will sell in panic, but the good thing is that the faith most investors have in Bitcoin now is much more than the doubters.
But if Donald trump's wins, I believe that the bull season will officially kicks in with full swing and very much positive of that.
Whoever wins, I think the market will only feel a temporary effect, and if we look at the big picture, we’ll still see the growth of Bitcoin, which is inevitable. Kalama and Trump won’t be able to make Bitcoin crash unless they revise or change current laws in the US to be anti-Bitcoin, which is highly unlikely. Institutional investors are already deep in the market, and any drastic change would hurt them, including the donors of both politicians. But if Donald trump's wins, I believe that the bull season will officially kicks in with full swing and very much positive of that.
Kamala Harris is a Democratic presidential candidate which will put her ahead in the polls and this is becoming more and more clear as time goes on. Bitcoin price has crossed ATH this year while Biden from the Democratic Party is in president. I think that Bitcoin price is increasing due to the impact of the US election, this is not true to a large extent. The pumping or dumping of price in the market may be a normal process which can affect investors but no matter who becomes president through the US election there will be no significant change in US policy.
Speculators are always looking for ways to create panic so that the market will react, especially since this is always an event that is highlighted by the world including economic observers and speculators are ready for all possibilities and they will benefit.
Not following the developments of the two candidates, who has the greatest chance of winning but even if Kamala Harris wins I doubt Bitcoin will fall that low in the remaining two months of this year, because a decline that low will also affect the assets of big companies that already have a lot of Bitcoin, They also have an interest in keeping prices from being that low.
I predict BTC will go down as low as $30k if Kamala Harris wins the US presidential race. Some would say BTC will rise regardless of whoever wins in November. But this time is different. Especially when the world considers Trump a favorable US president for the crypto industry. His remarks about freeing Ross and firing Gary Gensler are extremely-bullish for BTC. Losing the presidential race (which I seriously doubt) will be a huge letdown for crypto industry proponents. Right now, BTC "pumped" all the way to $68k in anticipation of this year's elections. But the hype could fade away if Kamala miraculously wins.
You are free to give your prediction but not as exaggerating as this because you are pointing the issue towards Kamala directly when he has nothing to do with the price dumping in the future.Yeah I believe in trumps administration to bring what is better for crypto community but this does not mean Harris will be a burden , though we knew that Trump will win this one now.
Quote
What do you think will happen with Bitcoin's price after the US elections? Will either candidate's win have a direct effect over Bitcoin's market price? Your input will be greatly appreciated. Thank you very much.
Like what said over how many years ,Bitcoin will continue to grow year after year no matter who wins the presidency each election . 
What do you think will happen with Bitcoin's price after the US elections? Will either candidate's win have a direct effect over Bitcoin's market price?
Well in my own opinion yes, Bitcoin will still behave like Bitcoin, yes their will be an effect, though their will be a strong dip if Kamala wins, but after that dip, it will always rally back and recover because Bitcoin has outgrown that theories or speculations of going back to 30k due to the final outcome of an election, and all that dip will happens due to the fact that most investors will sell in panic, but the good thing is that the faith most investors have in Bitcoin now is much more than the doubters.
But if Donald trump's wins, I believe that the bull season will officially kicks in with full swing and very much positive of that.
I still don't know why some people always think political affairs has a big role to play concerning the growth of BTC, if it goes on a higher rate they'll say is either Trump or someone in the political sector and sometimes is because of the election maybe if the election is put on hold that's why BTC had to drop at price or whatever. Let's try for ones and see it this way, when all these news about the election, how Trump got shot or the conference debate, before all of these Bitcoin has been on the road running smoothly going down and getting back up, now we have Bitcoin at $72k does it mean is because of Kamala getting close to winning the election and all that happened to Trump that's the cause? To me Kamala or Trump has nothing to do with the rise and fall of BTC price.
America is an important place in the use of cryptocurrencies at present, where the positive effects of crypto use as a positive response in the global cryptomarkets as well as the negative effects pose a threat to crypto. Although a presidential election is not solely dependent on cryptocurrencies in America, the cryptocurrency space has gained a lot of traction in recent times, especially when it comes to voting. According to a Pew Research report, 1 in 5 American adults use crypto even though they know it is not completely secure, but they will vote for someone who is positive about crypto.While Trump has spoken directly about bitcoin and cryptocurrencies, there have been no conversations with Harris in which Harris has endorsed bitcoin or crypto. Mark Cuban himself has said that Trump is playing the crypto card in this election, while CEO of the Bitcoin Conference David Bailey said that Kamala told him that Bitcoin is money for criminals. In this situation it is easy to understand that Bitcoin will not be of much worthy with Harris power.
https://thefinanser.com/2024/09/what-does-kamala-harris-think-of-crypto
Kamala Harris is a Democratic presidential candidate which will put her ahead in the polls and this is becoming more and more clear as time goes on. Bitcoin price has crossed ATH this year while Biden from the Democratic Party is in president. I think that Bitcoin price is increasing due to the impact of the US election, this is not true to a large extent. The pumping or dumping of price in the market may be a normal process which can affect investors but no matter who becomes president through the US election there will be no significant change in US policy.
Speculators are always looking for ways to create panic so that the market will react, especially since this is always an event that is highlighted by the world including economic observers and speculators are ready for all possibilities and they will benefit.
Not following the developments of the two candidates, who has the greatest chance of winning but even if Kamala Harris wins I doubt Bitcoin will fall that low in the remaining two months of this year, because a decline that low will also affect the assets of big companies that already have a lot of Bitcoin, They also have an interest in keeping prices from being that low.
The truth is, I am not able to predict how much the price of BTC will drop if Kaala Harris wins. I am clear that if this woman wins, she will obviously throw the market to the floor, but I imagine that the drop will not be so much of a free fall. I think that from almost $70k it could go down to about $50k or something like that, but $30k is the impact that would be very profound Of course, this will generate distrust and all the effort that has been given in these times will not be worth much. However, I am positive and I hope that Trump wins, this without areas of political support.
Bitcoin dipped as low as $67,569 on Sunday, its lowest point in a week, data from
Its latest slip comes as self-proclaimed crypto candidate, former President Donald Trump, faces fresh warning signs ahead of Election Day on November 5.
Bitcoin is down by nearly 2% on the day but remains up by about 1% over the past seven days to $68,040.
Source link: https://decrypt.co/289824/bitcoin-slips-trump-odds-plummet-liquidations
If Donald Trump loses this election, the price of bitcoin will shrink a bit, but I am very confident that this is a positive point for bitcoin holders as the current bull market starts at this time. But Bitcoin won't go below $60,000, because we're heading into a bull market very quickly.
I think that Bitcoin price is increasing due to the impact of the US election, this is not true to a large extent. The pumping or dumping of price in the market may be a normal process which can affect investors but no matter who becomes president through the US election there will be no significant change in US policy.
Yes, we are currently going through a period of pumping and dumping, but we must not forget that we are just moments before a bull market. Pumping and dumping the Bitcoin price is normal these days as investors get a chance to invest in it again, apart from elections we have seen pumping and dumping in the Bitcoin market in the past. So we should not be disappointed about the election so we will only be busy with bitcoin investment for now.
The truth is, I am not able to predict how much the price of BTC will drop if Kaala Harris wins. I am clear that if this woman wins, she will obviously throw the market to the floor, but I imagine that the drop will not be so much of a free fall. I think that from almost $70k it could go down to about $50k or something like that, but $30k is the impact that would be very profound Of course, this will generate distrust and all the effort that has been given in these times will not be worth much. However, I am positive and I hope that Trump wins, this without areas of political support.
Did someone see this? Odds in Pennsylvania getting closer and closer on Polymarket. Kamala even flipped them for a short time about 12 hours ago. Imho, Pennsylvania is THE key state for the run to 270 electoral votes.
Source: https://polymarket.com/event/pennsylvania-presidential-election-winner
Besides that, I doubt that a Kamala win will send us that low. We might see a dip, but imho that dip is for buying.
I don't trust these doom scenarios that a democratic win would ruin the current bull market. Maybe it delays it a bit, but mid- and long term we will see BTC at six figures.
No matter who wins on Tuesday.
Source: https://polymarket.com/event/pennsylvania-presidential-election-winner
Besides that, I doubt that a Kamala win will send us that low. We might see a dip, but imho that dip is for buying.
I don't trust these doom scenarios that a democratic win would ruin the current bull market. Maybe it delays it a bit, but mid- and long term we will see BTC at six figures.
No matter who wins on Tuesday.
I predict BTC will go down as low as $30k if Kamala Harris wins the US presidential race.
Do you predict that this will happen immediately after the announcement of the election results or in the following months/years?
Some would say BTC will rise regardless of whoever wins in November. But this time is different. Especially when the world considers Trump a favorable US president for the crypto industry. His remarks about freeing Ross and firing Gary Gensler are extremely-bullish for BTC. Losing the presidential race (which I seriously doubt) will be a huge letdown for crypto industry proponents. Right now, BTC "pumped" all the way to $68k in anticipation of this year's elections. But the hype could fade away if Kamala miraculously wins.
Only those who live in illusions think that Trump is friendly to Bitcoin - maybe to cryptocurrencies (shitcoins) with the help of which he will try to profit, but I would like to see which US president will represent a decentralized currency to the detriment of the USD.
What do you think will happen with Bitcoin's price after the US elections? Will either candidate's win have a direct effect over Bitcoin's market price? Your input will be greatly appreciated. Thank you very much.
It is obvious that the people who want Trump for president will be disappointed if he does not win, and will again go out into the streets and turn to violence - and I guess at the same time they will sell all the BTC they have because KH as president will ban BTC and start hunting everyone who own it...
Moving to $30k is like killing the hope of investors not only put them in a panic level, investors are expecting something more productive and not for BTC to drop to that amount, it doesn't make sense and it will trigger many to sell when they never planned on selling. Is never possible for Bitcoin to hit $30k, I some how agree with you but anything can happen because who would have thought that this month (if I'm not mistaken) would get us close to the ATH and even to a new one? You never can tell what will happen next but that dump to $30k, I'm not too confident it will.
I also do not think a single election result could make that massive change in the market. I understand that investor may lose their confidence by the fear that Kamala may ban Bitcoin, but that is another speculation and we should not be worried just because of that. I never heard something like that Kamala may ban Bitcoin while some people are saying that Kamala does not like Bitcoin.
I don't think the US is corrupted like 3rd would countries. A Political change won't affect their entire economy like other countries. When it comes to Bitcoin, It has a different userbase, and investor base. I want to believe that even if the election affects the market, we won't go down below 50K this time.
I neglected to mention this earlier, since the current time is a precursor to the start of a bull run, it would be foolish for BTC to dump like this at this time. And we have to resist this kind of bad news, because it scares investors. So it's never possible for Bitcoin price to move to 30 at the current time.
Moving to $30k is like killing the hope of investors not only put them in a panic level, investors are expecting something more productive and not for BTC to drop to that amount, it doesn't make sense and it will trigger many to sell when they never planned on selling. Is never possible for Bitcoin to hit $30k, I some how agree with you but anything can happen because who would have thought that this month (if I'm not mistaken) would get us close to the ATH and even to a new one? You never can tell what will happen next but that dump to $30k, I'm not too confident it will.
Jump to: