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Bitcoin (BTC) Price Primed for New All-Time Highs as Pre-Election Tensions Mount

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2024-11-09 21:56:17219browse

Bitcoin recently revisited $73,000, teasing potential for new all-time highs. Based on historical performance, this surge aligns with current expectations for a bull run into next year.

Bitcoin (BTC) Price Primed for New All-Time Highs as Pre-Election Tensions Mount

Bitcoin’s (BTC) performance has been a hot topic for months, especially with tension surrounding the upcoming U.S. elections.

Due to conflicting crypto policies from both candidates, there’s a lot of uncertainty concerning what will happen to BTC after the elections. Thankfully, multiple expert breakdowns of what to expect from the token after the elections exist.

Bitcoin recently revisited $73,000, teasing potential for new all-time highs. Based on historical performance, this surge aligns with current expectations for a bull run into next year. A Bitcoin rally could pull the rest of the market with it, giving high-potential altcoins a much-needed boost.

Expectations For Bitcoin (BTC) After Elections

One of two things can happen after the elections. Experts are positive that we could see market-wide bullish rallies if Trump wins, but the reverse would be the case if Kamala wins. This is because Trump is pro-crypto, and Kamala has chosen a more cautious stance on crypto.

Trump recently promised to sack SEC Chairman Grey Gensler once he’s elected. This has drawn a lot of support from crypto traders because Gensler has shared very critical views about crypto. Trump also promised to create a Bitcoin reserve, which could increase investment and push the value of BTC and other trending altcoins.

On the other hand, Vice President Kamala Harris recently declared support for stronger regulations on the crypto market. Private capital and crypto heads are convinced the crypto market could decline if she wins. This is why investors are moving into assets like Gold and other high-potential altcoins like FXGuys ($FXG).

FXGuys ($FXG) Pulls Investors’ Support With High-Potential Altcoins

FX Guys is one of the trending altcoins with offerings that hint at a profitable future for investors smart enough to get in early. The platform is a prop firm that mixes DeFi benefits into its ecosystem. It also has the potential to outperform most top prop firms today.

Its prop firm offerings allow traders to access $500,000 in capital to trade in the markets, including forex and crypto. For every trade made on the account, the project will reward traders with $FXG tokens. Thanks to this, The FXGuys has become the best token to buy for investors interested in passive income.

Since investors can access these offerings using the $FXG token, demand for the ongoing presale is at all-time highs. Investors can get the presale token for just $0.03 and could make massive profits by the time it launches on exchanges. All these benefits, combined with its staking feature that gives access to a 20% revenue share, mean The FX Guys could dominate the DeFi sector soon.

Conclusion

The upcoming U.S. elections could highly influence Bitcoin’s movements, with a pro-crypto outlook taking the token to new highs if Trump wins. Kamala Harris’s stance on more regulations could introduce bearish pressure, pushing investors to diversify. FXGuys‘s presale token is perfect for diversification, offering DeFi benefits and trading incentives.

To find out more about FXGuys follow the links below:

Website | Whitepaper | Socials | Audit

Exclusive FXGuys Promo Code:

USE PROP10 FOR 10% BONUS

 

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