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Topic: BTC will go back to $30k if Kamala wins - page 6. (Read 1100 times)

hero member
Activity: 1022
Merit: 667
Top Crypto Casino
October 28, 2024, 02:32:48 PM
#5
Why do we depends the price of bitcoin on the upcoming US election and who become the winner of this elections, and also why do we make it look as if one candidate is for bitcoin and the other against or anti bitcoin, let us all excesise patience to be able to identify what government policies that who ever become the president of United states comes up with and how that policy reflect on bitcoin.

If we should speculate the price of bitcoin based on futuristic aim, then I will say thag bitcoin will be in a better price and even if it fall back as a form of correction, it won't go as low as $30,000 as you mentioned in this thread, if we see anything down to $50,000 that could be the lowest bitcoin can go if eventually anything like that happens,.
hero member
Activity: 700
Merit: 673
October 28, 2024, 02:18:49 PM
#4
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. Smiley
Kamala might not be bad news to crypto the way we predict it to be; there might be some price drop as a result of the disappointment if the aspirants who parade his campaign with what he wants to do crypto (Trump) don't win the presidential seat.
 
But anyway, it's all speculation; we never can be too sure of what will happen. Even with Trump winning after pumping the price, it can still take a reverse, but what I don't see happen irrespective of who wins the election is bitcoin dropping to $30,000 or below that.
legendary
Activity: 2464
Merit: 2094
October 28, 2024, 02:13:38 PM
#3
I predict BTC will go down as low as $30k if Kamala Harris wins the US presidential race.
That means bitcoin will lose more than 55% of its price compared to its current price. I don't think the impact of Kamala Haris' victory will really knock back bitcoin by more than 50%, even if the price corrects then I'm not sure many investors are willing to throw away their pearls at very low prices.

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. Smiley
The impact is still there whether small or large. FUD and FOMO will play out around that, so anyone might need to consider a lot of things if they don't want to lose anything from their investment now. I doubt a drop of more than 50% as you fear, 10% may be reasonable as a panic reaction from some investors.
legendary
Activity: 1624
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Gamble responsibly
October 28, 2024, 02:13:30 PM
#2
If bitcoin will fall in price, it is not going below $49000. This price is not about the election.

But my prediction is that if Kamala Harris wins, bitcoin may fall but not falling below $55000 or even $60000. There would be a very strong support at that price. Later bitcoin will rise and get to all-time high.

But if Donald Trump wins, this may lead to bitcoin get to all-time high faster. But bitcoin will rise regardless of if Trump or Harris win.
legendary
Activity: 3220
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October 28, 2024, 01:58:42 PM
#1
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. Smiley
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