Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins. However, the next fact will still depend on the market, what the conditions are like, usually we are always tested with various market conditions that are very easy to change.
The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last. Right now, there is a little correction and it can be sending us the message that Bitcoin is gathering some good level of energy awaiting on what will be after the November 5 election. I am on the positive side that Trump will eventually emerge as the winner against the administration's Kamala Harris but since this is a close race we can only speculate and hope.
Yeah, we can only speculate for now and don't come to any concrete conclusion, but then, one thing that is certain for sure is that the odds of winning is sure high on trump.
I was on Twitter(now X) a while ago and I can tell you that people are really excited to see Trump come out as the next president of the United States of America, he is an exciting choice for the crypto community, and like we all can see, the effect of his chances of winning is already showing in bitcoin today as we saw it comfortably cross the $70k mark, lets hope that all will turn out good for Trump, not just for the US but for bitcoin and crypto at large.
Now everything looks as if a win for Trump is a win for bitcoin, any ways, whatever that support the community is in our best interests and we support it whole heartedly.
Well, personally, I would want to say that a win for Trump is not entirely a win for bitcoin, but I think a win for him is kind of a right step in the right direction as regards bitcoin and crypto adoption in the US.
You and I know that US is currently the world power, though China is trying so hard to become the world power, they have not succeeded yet, and bitcoin gaining dominance and acceptance in the US ultimately means that the rest of the countries of the world at some point will no longer have any other choice but to accept and adopt bitcoin.
And so far, trump is the one man who have not only shown interest in bitcoin by words of mouth alone, he and his impending vice have shown interest in did and actions as well, Trump and his impending vice are said to hold a good amount of bitcoins and have attended some bitcoin meetings and conferences.
This are but a few reasons why the bitcoin and crypto community love trump and want him to win.