The Perfect Storm Coming for Bitcoin?

[lombok]

That could be the biggest news that the community can receive that will want the doubters to accumulate more Bitcoin, but it could be anything, We know the market traditionally can be influenced by good and bad news; if there's big news coming, expect the price to move further and if there's bad news, expect Bitoin to suddenly dip, so if you're going to invest, expect the unexpected

Mass media sensational is most often the main reason for Bitcoin price fluctuations, as commentaries from the audience can affect investors’ sentiment. Where it is positive, normally the share’s price will jump, on the other hand if it is negative, the price will drop sharply. This makes information one of the things that needs to be focused on.

When putting money into an investment such as Bitcoin, one has to know that extreme fluctuations and the unpredictable are not far away at all. Being aware of these risks enables us to be optimistic yet prepared in every decision that we make in the middle of a large range of possibilities.

[Jating]

That could be the biggest news that the community can receive that will want the doubters to accumulate more Bitcoin, but it could be anything, We know the market traditionally can be influenced by good and bad news; if there's big news coming, expect the price to move further and if there's bad news, expect Bitoin to suddenly dip, so if you're going to invest, expect the unexpected

Mass media sensational is most often the main reason for Bitcoin price fluctuations, as commentaries from the audience can affect investors’ sentiment. Where it is positive, normally the share’s price will jump, on the other hand if it is negative, the price will drop sharply. This makes information one of the things that needs to be focused on.

Remember though that media could be part of what become Bitcoin now, how big it is, or what many times it supposedly died. So we should thank them for putting Bitcoin out regardless if the news is negative or positive.

When putting money into an investment such as Bitcoin, one has to know that extreme fluctuations and the unpredictable are not far away at all. Being aware of these risks enables us to be optimistic yet prepared in every decision that we make in the middle of a large range of possibilities.

It will take time for a beginner to really know the in and out of Bitcoin, but for sure the price fluctuations is the first thing that they will notice and they can think of it as either as a friend or enemy. But as we go along and get the experience, we will better be prepared on how to handle it and that we learned how to take advantage of it.

[Bobcrypto]

I am not expecting any Bitcoin storm because of the US election, with or without the US election, bitcoin can pull surprises at any time.
I am yet to be convinced that Bitcoin current momentum is because of the election, far from it, Bitcoin moves according to it's trends circle plus higher demands at certain times.
For example, many analyst predicted that Bitcoin will hit the moon after halving, unfortunately it didn't happen, neither did it pump before having.
In short, most of the information regarding Bitcoin storm or pumps within and after the US election are just speculations in my opinion.

[Mr. Magkaisa]

I am not expecting any Bitcoin storm because of the US election, with or without the US election, bitcoin can pull surprises at any time.
I am yet to be convinced that Bitcoin current momentum is because of the election, far from it, Bitcoin moves according to it's trends circle plus higher demands at certain times.
For example, many analyst predicted that Bitcoin will hit the moon after halving, unfortunately it didn't happen, neither did it pump before having.
In short, most of the information regarding Bitcoin storm or pumps within and after the US election are just speculations in my opinion.

           -     I believe what you said, because the other community is connecting the election that is happening in the US to the rise in the price of Bitcoin in the market, which for me is irrelevant. Because, like you said, the price of bitcoin is really full of surprises.

Apart from that, many of us here already know that the price value of bitcoin is unpredictable. That's why, as others say, it is still important that we know something about reading the chart price of bitcoin.

[taufik123]

I believe what you said, because the other community is connecting the election that is happening in the US to the rise in the price of Bitcoin in the market, which for me is irrelevant. Because, like you said, the price of bitcoin is really full of surprises.
-snip-

It is not relevant enough and this is the FOMO that will come soon when the election takes place and when Trump is elected.
Even so, Bitcoin remains relevant as a digital currency that cannot be predicted with its tremendous development and community.

Now it is only necessary to enjoy the rise of Bitcoin which will soon break through the new ATH.
Just get ready with your bag and make sure your bag is full.

[Findingnemo]

Regardless of US election result bitcoin is bound to break the new ATH as per the historical analysis.

I thought the current trend might lead to keep moving on but there's small correction just after the October which is good I think, will allow the market to settle and move for the next swing. I am really happy with the current price range but I really expect the peak run will be at Q2 of 2025 so we have ample time to invest on BTC,

[_act_]

Regardless of US election result bitcoin is bound to break the new ATH as per the historical analysis.

This is just what will happen but it is good to know that if Donald Trump become the president, this will help bitcoin to achieve higher price faster than if Kamala Harris won. But regardless of the winner, bitcoin will get to ATH by 2025. Even this year has not yet ended. I believe if Trump enter, bitcoin might get to ATH not quite long after the election.

[sampoerna]

Now, according to "Bitfinex analysts say Bitcoin could reach an all-time high after the US election, with market conditions forming a “perfect storm” for a major price push."

The perfect storm cited by the Bitfinex analysts refers to the big chance that a new POTUS can be elected after Nov 5 and be inaugurated on Jan 20, combined with historically bullish market conditions.

Do you feel that there can really be this perfect storm that can push Bitcoin to the top or will it be a hurricane that can be destroying its path?

It makes sense that Bitcoin price could recover soon and surpass its previous ATH after the US election. It's only a few days away and we really want to do it now. However, stay alert to the various possibilities that will occur. Actually, not only that, there are indeed many parties who say that the development of Bitcoin prices in Q4 will be much better and more significant. Moreover, there is the US presidential election factor that complements the good news that will occur. Now the price of BTC is indeed quite down at $ 69,515, we can say that compared to a few days ago at the end of October, it is quite down, but the rate of increase and decrease is still very tolerable and does not show a significant drop. We always wait for the good news to happen and have an impact on the crypto market which is much more shining.

[yhiaali3]

For my part, I do not believe that positive news, even if it is big, can cause a storm for Bitcoin, and even if it does, the effect will be temporary and we will return to the point from which we started.

That is, regarding the US elections, it is expected that Trump's victory will be a storm that pushes the price of Bitcoin towards the top, but its effect will quickly disappear and things will return to normal, so that we can maintain a high price at the top, the market needs a lot of liquidity through the entry of large companies and institutions into the market that pump high liquidity into it.

[coinerer]

I hope we can see Bitcoin above $75k. US president election is nearby so the market is currently volatile. Now FOMO trading is going on. Just because of prediction dropping or increasing Bitcoin is falling hard. Bitcoin adoption increased significantly.

If you compared to previous year you will find that a lot of people newly entered in crypto market. It's time to utilise them. Currently all eyes on US president election. I hope whatever the result is the market will eventually go upwards.

Don't worry about Bitcoin. Those who didn't buy last bear they still are yeping that Bitcoin is now too much high. But they won't agree that them is the chance to grab Bitcoin at $15k level. It's a currency of future. If you closely look at market you will saw that only Bitcoin is dominating comparing to previous Bull run in this bull run alt coin didn't performed very well and money isn't going to flow on earth coin. Those would did realised that Bitcoin is the future only investing or it they they are not wasting their money on all coins.

[Hisbullah]

For my part, I do not believe that positive news, even if it is big, can cause a storm for Bitcoin, and even if it does, the effect will be temporary and we will return to the point from which we started.

That is, regarding the US elections, it is expected that Trump's victory will be a storm that pushes the price of Bitcoin towards the top, but its effect will quickly disappear and things will return to normal, so that we can maintain a high price at the top, the market needs a lot of liquidity through the entry of large companies and institutions into the market that pump high liquidity into it.

Good or bad news will affect the crypto market, but it is only temporary because the market will return to its role.
Many hope that Trump will win the US presidential election because Trump is a candidate who supports crypto, but everything is in the hands of US citizens to choose his president.

[bitterguy28]

Good or bad news will affect the crypto market, but it is only temporary because the market will return to its role.
Many hope that Trump will win the US presidential election because Trump is a candidate who supports crypto, but everything is in the hands of US citizens to choose his president.

just in a few days the united states of america will be under a new administration and we do not know if it will be under harris or trump even though a lot of us are not from america, we are hoping for the best candidate to win because usa is so involved in a lot of international politics that whoever sits at the white house will definitely make an impact in the rest of the world especially to the crypto sector so let us just hope american citizens did the right thing for their own country and the rest of the world

[legend45]

Good or bad news will affect the crypto market, but it is only temporary because the market will return to its role.
Many hope that Trump will win the US presidential election because Trump is a candidate who supports crypto, but everything is in the hands of US citizens to choose his president.

just in a few days the united states of america will be under a new administration and we do not know if it will be under harris or trump even though a lot of us are not from america, we are hoping for the best candidate to win because usa is so involved in a lot of international politics that whoever sits at the white house will definitely make an impact in the rest of the world especially to the crypto sector so let us just hope american citizens did the right thing for their own country and the rest of the world

The American government will be under Trump because from the vote announcement, Trump won the presidential election this time. We will see the US will become the center of bitcoin and crypto as promised by Trump during the campaign and hopefully next year bitcoin can reach ATH $ 150K.
Many observers, investors are watching the presidential election this time and after knowing the results of the presidential election, we finally see the price of bitcoin touching a new ATH at $ 76K.

[Tribalchief]

The American government will be under Trump because from the vote announcement, Trump won the presidential election this time. We will see the US will become the center of bitcoin and crypto as promised by Trump during the campaign and hopefully next year bitcoin can reach ATH $ 150K.
Many observers, investors are watching the presidential election this time and after knowing the results of the presidential election, we finally see the price of bitcoin touching a new ATH at $ 76K.

I was quite impressed with what I saw with the recent Bitcoin bullish movement. Trump has been really influential to Bitcoin. Hitting another ATH today shows that we are still very much in a bullish trend, and there are possibilities of seeing more ATH. We had two ATH yesterday, and another one today. Tomorrow might be promising as well.

[Madmax789]

Many believe that Bitcoin could be approaching a "perfect storm" - a combination of factors that could lead to significant price movement and adoption. What this could mean for Bitcoin. Bitcoin could be poised for both increased adoption and potentially a major price rally. However, while the perfect storm may push Bitcoin to new highs, it is essential to approach it with a balanced view and understand that the market remains speculative and volatile. For those who believe in Bitcoin's long-term potential, staying informed and maintaining a long-term view is often the best approach.