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#How will the election impact BTC’s future?
BTC may fall due to the 'Trump sell-off wave'. While Trump's support rate rises, BTC has not followed other Trump-related assets in pumping, possibly because speculators have bought in advance, leading to weakened demand. It is predicted that BTC may face the 'Trump sell-off wave', and it is believed that under inflationary pressure, the hedge advantage of gold is more prominent, entering a Bull Market.
People are worried about the upcoming U.S. presidential election on November 5th. Americans who are stimulated by high inflation during Democratic President Biden's administration may allow Republican candidate Trump to return to the White House, thus ushering in a new era of trade protectionism and a further increase in U.S. debt by trillions of dollars.
The world is facing low rise and high debt risks. There is a danger of the world falling into a low-rise, high-debt path, which will reduce the resources available to governments to improve opportunities for their people, address climate change, and other challenges.#BTC #HotTopicDiscussion