تاجر کے نقطہ نظر سے امریکی انتخابات: انتخابی نتائج اور بٹ کوائن کی قیمت کے رجحانات
فجر کے بعد تاریخ آئے گی۔
The fate of Bitcoin and the US White House election seem to have never been so closely intertwined. Since the end of October, Trumps winning rate on major prediction platforms has been declining, and Bitcoin has also been fluctuating. Related reading: On the eve of the storm, Trump is full of fighting spirit. As the hero and Bitcoin president of the کرپٹوcurrency circle, if Trump wins the election, what kind of explosion will the price of Bitcoin usher in? If he loses the election, what will happen to the cryptocurrency circle and Bitcoin?
As the election day draws near, lets take a look at the predictions of top traders and prepare a foolproof تجارت strategy.
Bitcoin کے مستقبل کے رجحان کے بارے میں تاجروں کا کیا خیال ہے؟
پلان بی: بی ٹی سی کے 25 کے آخر تک $1 ملین تک پہنچنے کی امید ہے۔
PlanB بٹ کوائن اسٹاک ٹو فلو (S2F) ماڈل کا خالق ہے اور کرپٹو انڈسٹری میں اثاثوں کی کمی اور قیمت کے درمیان تعلق کے اپنے منفرد ماڈل کے لیے مشہور ہے۔ اس کا تجزیہ بِٹ کوائنز کی طویل مدتی قدر کی ترقی کی صلاحیت کو دیکھتا ہے، خاص طور پر آدھی ہونے والی تقریب کے بعد قیمتوں میں اتار چڑھاؤ۔ اس کی تازہ ترین پیشن گوئی اس بات کی نشاندہی کرتی ہے کہ اگر ٹرمپ آئندہ صدارتی انتخابات جیت جاتے ہیں، تو بٹ کوائن کی مارکیٹ قیمت میں بے مثال اضافے کا آغاز کر سکتی ہے۔ PlanB مختلف مارکیٹ کے منظرناموں کے تحت بٹ کوائنز کی قیمتوں میں اضافے کی سمت دکھانے کے لیے ماہانہ ٹائم لائنز کا ایک سلسلہ بناتا ہے۔
چند ماہ پہلے کی پیشن گوئی میں، PlanB نے اپنے ماڈل S 2 F کی بنیاد پر مخصوص قدریں دیں:
October: A classic month of skyrocketing, BTC reaches $70,000. PlanB predicts that the price of Bitcoin will see a strong rise in October. He believes that the surge in Bitcoin may be driven by increased volatility in the global market and the recovery of investor confidence, which is also the point in time when Bitcoin has shown price surges many times in history.
November: Trump wins the election, Bitcoin price reaches $100,000. If Trump wins the election, PlanB believes that Bitcoin will usher in a major turning point. He pointed out that Trumps coming to power may bring friendly policies to cryptocurrencies, thus ending the current Biden/Harris administrations war on cryptocurrencies, especially the policy checks and balances on senior regulators such as Gary Gensler and Elizabeth Warren, which will cause the price of Bitcoin to climb directly to $100,000.
December: ETF funds poured in, and Bitcoin soared to $150,000. PlanB believes that Trumps victory will clear the way for the approval of Bitcoin ETFs, and a large amount of funds are expected to flow into the market. The inflow of ETFs represents the acceptance and recognition of the mainstream financial market and the trust of investors, which will further push the price of Bitcoin to $150,000.
January 2025: Crypto returns to the US, Bitcoin climbs to $200,000. With the Trump administrations openness to cryptocurrency policies, a large number of crypto companies and investors may bring their businesses back to the US. PlanB expects this to have a significant market demand effect, pushing the price of Bitcoin to $200,000.
February 2025: The Power Law team takes profits and the price falls back to $150,000. The February pullback is a prediction of a Bitcoin market adjustment. PlanB believes that investors profit-taking will cause Bitcoin to briefly fall back to $150,000 after hitting a high. However, this adjustment will be short-lived and necessary, laying a more stable foundation for the next stage of the rise.
March to May 2025: Bitcoin globalization trend, price breaks through $500,000. Starting in March, PlanB expects Bhutan, Argentina, Dubai and other countries to gradually use Bitcoin as legal tender, and starting in April, the United States will also start a strategic reserve of Bitcoin under the promotion of Trump. Then, in May, he believes that other countries, especially non-EU countries, will join this trend, causing Bitcoin to further climb to $500,000.
June 2025: AI boosts the price to $600,000. In June, PlanB proposed the hypothesis that AI will begin to autonomously participate in Bitcoin market arbitrage. He predicts that with the participation of AI in the Bitcoin market, this high-frequency trading will further drive the price up, causing Bitcoin to exceed $600,000.
July to December 2025: FOMO fades, price reaches $1 million. In the following months, PlanB believes that the markets FOMO sentiment begins to fade, and Bitcoin is expected to reach a new high of $1 million by the end of the year. At this point, Bitcoin has not only become a mainstream asset reserve, but also a must-have for global investors.
2026-2027: بازار adjustment and bear market. In 2026, PlanB expects the price of Bitcoin to fall from $1 million to $500,000 and enter the distribution stage. By 2027, the market will enter a bear market and the price of Bitcoin is expected to drop to $200,000.
پلان بی نے یہ نتیجہ اخذ کیا کہ اس پیشین گوئی کی کلید بٹ کوائن کی کمی قیمت میں ہے۔ انہوں نے نشاندہی کی کہ قلت اثاثوں کی قیمتوں کو بڑھانے کا ایک بنیادی عنصر بن جائے گی، بالکل اسی طرح جیسے نایاب اثاثے جیسے کہ رئیل اسٹیٹ اور سونا۔ PlanB کا خیال ہے کہ اگلے 18 مہینوں میں، Bitcoin کی قیمتیں نصف رہ جانے اور مارکیٹ کی طلب کی وجہ سے بڑھنے کی توقع ہے، اس طرح عالمی سرمایہ کاروں کے درمیان ڈیجیٹل گولڈ کے طور پر اپنی پوزیشن کو مستحکم کرنا جاری رکھے گا۔
The key to PlanBs prediction is the scarcity value of Bitcoin. He pointed out that investors like scarcity, and there are basically three options for scarcity now: real estate (S2F 100, market value of $10 trillion), gold (S2F 60, market value of $20 trillion) or Bitcoin (S2F 120, market value of $1 trillion). Therefore, the scarcity of Bitcoin will become a core factor driving asset prices, just like scarce assets such as real estate and gold.
پلان بی نے مخالف منظر نامے کی تجویز پیش کی، کہ اگر ہیرس جیت جاتا ہے، تو اس کا خیال ہے کہ یہ مغربی تہذیب کے خاتمے کی نمائندگی کرے گا اور امریکی سلطنت کے زوال کو مزید بڑھاتا رہے گا۔ وہ توقع کرتا ہے کہ کرپٹو انڈسٹری کو Gensler اور Warren کی نگرانی میں مزید مظلوم بنایا جائے گا، مزید چوک پوائنٹ ایکشن جاری رکھا جائے گا، اور ٹیکس کی مزید سخت پالیسیوں کا بھی سامنا ہو سکتا ہے، جیسے کہ غیر حقیقی کیپٹل گین ٹیکس کا تعارف۔ تاہم، انہوں نے اس بات پر بھی زور دیا کہ Bitcoin کسی مخصوص ریگولیٹری ماحول پر انحصار نہیں کرتا ہے، اور اس کی قدر میں اضافہ اب بھی کمی کی عالمی مانگ سے آئے گا۔
Alex Kruger: BTC spot will be the main currency on election night
ارجنٹائن کے ماہر معاشیات، تاجر اور مشیر، Alex Kr眉ger کا خیال ہے کہ انتخابی نتائج Bitcoin کی قیمتوں کی سمت کو براہ راست متاثر کریں گے:
Trump wins: Bitcoin price target is $90,000 by the end of the year. Kr眉ger estimates that if Trump wins, Bitcoin price will quickly reach $90,000 by the end of the year, giving a 55% probability of realization. In this scenario, he predicts that Bitcoin price will soar rapidly because the market has partially anticipated the positive impact of Trumps victory on cryptocurrencies. However, there is still a certain degree of price underestimation, and the markets rapid reaction will be reflected soon after the news is confirmed.
Harris wins: Bitcoins target price at the end of the year is $65,000. If Harris wins the election, Bitcoin is expected to fall slightly before rising, and may eventually close at $65,000. Kr眉ger puts the probability of this scenario at 45%, and points out that Harriss coming to power may mean the continuation of existing policies. Market fluctuations in this scenario are more uncertain, but Kr眉ger believes that Bitcoin prices are still supported and may continue to rise after the shock, although the magnitude is not as expected when Trump was elected.
Kr眉ger stressed the importance of timing, especially for leveraged investors. He pointed out that if the market confirms Trumps victory, the price of Bitcoin will rise rapidly, while in the case of Harriss victory, the price trend may experience a longer period of volatility. Krugers personal operation is an unleveraged position (mainly Bitcoin and some technology stocks such as Nvidia). He believes that spot positions should be the main focus to avoid the volatility risks brought by high leverage.
At the same time, Kr眉ger said that regardless of the election results, he remains optimistic about the U.S. stock market, but the premise is that there will be no blue sweep – that is, the Democratic Party wins both the presidency and both houses of Congress. He pointed out that the rise and fall of the stock market will directly affect Bitcoin, because the price of Bitcoin is highly correlated with the U.S. stock index. Especially in the scenario of Trumps victory, he expects that more friendly cryptocurrency policies and growth-oriented economic measures will drive the stock market higher, which will in turn benefit Bitcoin.
At present, Kr眉ger pointed out that the market has partially priced in Trumps victory, but based on different betting data and election models, Trumps chances of winning are still between 50% and 63%. This suspenseful setting of the election has prevented the market from fully digesting the possibility of winning, bringing a greater surprise impact to the election results. Regarding the strategy on election night, Kruger said that he will mainly hold Bitcoin spot and take long-term operations if Trump wins, such as increasing his holdings of Solana (SOL).
دینے والا: وسط مدتی انتخابات کے بعد گر جائیں گے۔
The Giver is an anonymous senior investor with extensive experience in buy-side and sell-side financial institutions. He currently works in special situation private equity, providing a different perspective. The Givers strategy is more conservative and short-term-focused than Kr眉ger and PlanB. He believes that the election-driven rise in Bitcoin is more of a temporary phenomenon than a long-term trend. This view places special emphasis on the driving effects of market liquidity and short-term events, and points out that Bitcoin may see a downward adjustment after the election. His specific analysis is:
The driving force behind Bitcoins rise this time is from event-driven non-sticky buyers, that is, some short-term speculators seeking to hedge against election risks, not due to overall trends. These buyers will not hold Bitcoin for a long time, and they may quickly exit the market once the election dust settles. Therefore, these funds lack stickiness and Bitcoin prices may face selling pressure after the election.
altcoins کی سست کارکردگی اور Bitcoin کا ارتکاز۔ ان کی رائے میں، فنڈز کی آمد بنیادی طور پر بٹ کوائن میں مرکوز ہے، لیکن بڑے پیمانے پر altcoins میں نہیں، جو altcoins کی سست کارکردگی کا باعث بنتی ہے۔ اس سے ظاہر ہوتا ہے کہ موجودہ سرمائے کا بہاؤ پوری کرپٹو مارکیٹ کے فائدے کے بجائے، ہیجنگ ٹول کے طور پر بٹ کوائن پر زیادہ مبنی ہے۔
دینے والے کو توقع ہے کہ آنے والے ہفتے میں Bitcoins کی کھلی دلچسپی اور پوزیشنز پر ہجوم جاری رہے گا، اور یہاں تک کہ نئی بلندیوں تک پہنچ جائے گا۔ انہوں نے نشاندہی کی کہ یہ دائیں طرف کا اثر بٹ کوائن کی قیمتوں میں قلیل مدتی اضافے کا باعث بن سکتا ہے، لیکن 2024 کی چوتھی سہ ماہی میں محدود مارکیٹ کی گنجائش کی وجہ سے یہ اگلے سال تک برقرار رہنے کا امکان نہیں ہے۔ یہ قلیل مدتی اثر اسے بناتا ہے۔ زیادہ امکان ہے کہ بٹ کوائن کی قیمتیں انتخابات سے پہلے عروج پر ہوں گی، لیکن اس کے پیچھے موجود قیاس آرائی پر مبنی لیکویڈیٹی طویل مدتی ریلی کو سہارا دینے کے لیے کافی نہیں ہے۔
Based on this judgment, The Giver gave a relatively aggressive investment strategy: Based on the current market environment, he suggested going long on Bitcoin and shorting other mainstream coins and altcoins. Bitcoin will test $70,000 before Election Day, but after the results are announced, no matter who wins, there will eventually be a mid-term decline. More related reading: ٹرمپ اثر سے لیکویڈیٹی سائیکل تک مائیکرو سٹریٹیجی پریمیم، 2024 میں BTC قیمت کی کارکردگی کا تجزیہ
مارکس: طویل BTC اور مختصر SOL کی ہیجنگ کی حکمت عملی
مارکس تھیلن میٹرکسپورٹ اور 10 ایکس ریسرچ کے ایک معروف تجزیہ کار ہیں۔ چند ماہ قبل $1 ٹریلین کی Bitcoins کی مارکیٹ ویلیو کے بارے میں اس کی پیشین گوئی انتہائی درست تھی اور سرمایہ کاری برادری میں تیزی سے پھیل گئی، جس سے وہ مشہور ہوئے۔
Markus latest analysis is based on 10X Researchs latest signal model, which has a hit rate of 73% to 87%, usually achieved within 2 weeks to 9 months. He predicts that if the price of Bitcoin continues to develop along the historical trend, it may rise by 8% in the next two weeks, 13% in a month, 26% in two months, and 40% in three months. Based on this calculation, the price of Bitcoin may exceed $100,000 by January 27, 2025, and reach a target of about $140,000 on April 29, 2025.
Regarding the election results, Markus analyzed the impact of different election results on Bitcoin and other crypto assets. If Trump wins, Markus predicts that Bitcoin may rise by 5%, and Solana and Ethereum may also gain similar gains. He believes that Trumps victory will bring a more cryptocurrency-friendly policy environment, which is expected to drive the market up.
If Harris wins, Bitcoin will fall by about 9%. At the same time, the tightening of the Democratic Partys regulatory policies may affect the approval process of other cryptocurrency ETFs. For example, the Solana ETF submitted by 3 iQ Digital may face delays or even rejection due to the Harris administration. The increased difficulty of Solana ETF approval will further affect Solanas market demand and price performance. Therefore, Markus predicts that Solana may fall more than Bitcoin, by about 15%.
In this scenario, Markus recommends a strategy of going long on Bitcoin and short on Solana to hedge against the uncertainty caused by the election . However, Markus also pointed out that if the election results are delayed or disputed, this will increase market uncertainty and may lead to increased volatility in Bitcoin.
اس صورت میں کہ انتخابی نتائج متنازعہ ہوں یا ہیرس کی جیت بٹ کوائن میں قلیل مدتی کمی کا سبب بنتی ہے، مارکس نے زور دیا کہ بٹ کوائن گراوٹ کے خلاف اب بھی مضبوط مزاحمت دکھا سکتا ہے، اور اس لیے تجویز کرتا ہے کہ سرمایہ کار Bitcoin میں قلیل مدتی کمی کے بعد خریداری کی کھڑکی پر قبضہ کر لیں۔ .
ڈیریویٹوز مارکیٹ اور آن چین ڈیٹا سے، اکتوبر میں مختصر مدت کے حاملین کے پاس بٹ کوائن کی کل رقم میں اضافہ ہوا، جبکہ طویل مدتی ہولڈرز کے بٹ کوائن ہولڈنگز میں کمی واقع ہوئی۔ یہ متحرک عام طور پر اس وقت ہوتا ہے جب قیمت ایک اہم حد سے گزرنے والی ہوتی ہے۔ بٹ کوائن آپشنز مارکیٹ میں کھلے معاہدوں کی کل رقم 2024 میں $22.5 بلین تک بڑھ گئی ہے، جس سے یہ ظاہر ہوتا ہے کہ بٹ کوائن بیل مارکیٹ کے لیے مارکیٹوں کے اعلی جذبات ہیں۔ Bitcoins 25 Delta skewness سالانہ رینج (-8% سے -10%) کے نچلے سرے پر ہے، جو مضبوط تیزی کے جذبات کی نشاندہی کرتا ہے۔
تھیلن نے بٹ کوائن کی قیمتوں پر مائیکرو اسٹریٹجیز اسٹاک کی کارکردگی کے اثرات پر بھی خصوصی توجہ دی۔ انہوں نے نشاندہی کی کہ MicroStrategys کے اسٹاک کی قیمت اکتوبر سے اب تک 33% بڑھی ہے، اور اس کے اسٹاک میں اضافے کا بٹ کوائن کی قیمتوں پر کتے کی دم کا اثر پڑا ہے۔ بڑی تعداد میں شارٹ پوزیشنز کے احاطہ نے بٹ کوائن پر مارکیٹوں میں تیزی کے جذبات کو مزید فروغ دیا ہے۔
اسٹینڈرڈ چارٹرڈ تجزیہ کار: اگر ٹرمپ جیت جاتا ہے تو سال کے آخر تک BTC بڑھ کر $125,000 ہو جائے گا
اسٹینڈرڈ چارٹرڈ تجزیہ کار جیوف کینڈرک نے پیشین گوئی کی ہے کہ اگر ٹرمپ نومبر کا الیکشن جیت جاتے ہیں تو سال کے آخر تک بٹ کوائن کی قیمت $125,000 تک بڑھ سکتی ہے، Cointelegraph نے 25 اکتوبر کو رپورٹ کیا۔
Kendrick鈥檚 model shows that Bitcoin could stabilize around $73,000 on Election Day (November 5). In the event of a Trump victory, Kendrick expects Bitcoin to rise by about 4% immediately and another 10% in the following days , with rising market confidence and a looser regulatory environment becoming the main drivers.
If Harris is elected president, Kendricks expectations are relatively conservative, predicting that Bitcoin may face selling pressure in the short term, but is expected to stabilize around $75,000 by the end of the year.
دریں اثنا، ایک اور بروکریج، برنسٹین کی ایک تحقیقی رپورٹ نے نشاندہی کی کہ اگر ٹرمپ نومبر میں امریکی انتخابات جیت جاتے ہیں، تو اس سال کے آخر میں بٹ کوائن کی نئی بلندی تک پہنچنے کی امید ہے، اور چوتھی سہ ماہی تک بٹ کوائن کی قیمت $90,000 تک پہنچ سکتی ہے۔ اس کے برعکس، اگر ہیرس جیت جاتا ہے، تو مارکیٹ میں ضابطے میں اضافے کی توقع ہو سکتی ہے، اور بی ٹی سی کی قیمت $30,000 سے $40,000 کی حد میں واپس آ سکتی ہے۔
Who becomes president, and how much impact will other assets have?
Overall, if Harris wins, assets that tend to be bullish include gold, crude oil, copper and the US dollar; stocks (including A-shares and US stocks) and Bitcoin (BTC) may be under pressure in the short term, while US bonds will show a short-term bearish and long-term bullish trend. At the same time, cryptocurrencies such as Solana (SOL) may also face downward pressure under the expectation of stricter regulation.
If Trump wins, the trading mechanism will be more complicated. Asset categories that are more bullish include cryptocurrencies such as gold and Bitcoin. US stocks and the US dollar may show a trend of short-term rise but medium-term correction. A-shares are short-term bearish and long-term bullish, while assets such as crude oil, US bonds, and copper may be affected to a certain extent. Assets that are more closely related to traditional crypto regulation, such as Solana, are expected to benefit from policy support, but their benefits are slightly less than Bitcoin.
US stocks
Trumps victory is expected to benefit small-cap stocks and certain industries in the U.S. stock market, especially traditional energy, gun manufacturing, private prison operators and small retailers. Since Trump prefers low taxes and reduced regulations, especially for domestic manufacturing, corporate tax cuts and his support for the energy and mining industries may drive small-cap stocks up. The Russell 2000 Index (small-cap benchmark) has begun to reflect this expectation, rising by about 4% since early October.
If Harris is elected, the market tends to pay attention to her policies of expanding health insurance and Medicaid. Healthcare stocks may benefit, but overall US stocks are under pressure. In addition, the US dollar and US bonds may strengthen in the short term, and the market remains vigilant about possible regulations and corporate tax policies, which may suppress confidence in the overall stock market.
The US Dollar and the Foreign تبادلہ بازار
The expectation of Trumps victory has been reflected in the exchange rate of the US dollar against the Mexican peso, which is considered one of the currencies most affected by Trumps immigration policies. Market volatility has also increased significantly when Trumps election prospects have improved, with the MSCI Latin American Currency Index falling more than 3%, while the US dollar has strengthened significantly after Trumps statement on import tariffs on Mexican goods.
If Harris wins, the dollar may remain relatively strong in the short term, especially as the Fed is expected to remain prudent in its interest rate decisions. If economic policies promote long-term fiscal stimulus, the medium-term volatility of the dollar may remain moderate, and the pressure on emerging market currencies such as Latin America will be reduced.
Oil and Copper
If Trump wins, traditional energy industries (such as oil and fossil fuels) may rise due to Trumps supportive policies. Trumps energy policies tend to reduce regulations and support domestic mining and fossil fuel use, which will have a positive impact on related markets.
Harris is inclined to adopt stricter policies on environmental protection and climate policy, which may bring certain medium- and long-term pressure on oil. Metals such as copper may benefit from the expected demand growth brought about by green infrastructure construction, but the market needs to be vigilant about the potential supply chain pressure brought about by tax increase policies and environmental protection policies.
امریکی ٹریژری بانڈز
Trumps victory is a short-term positive for US bonds. In the interest rate and bond markets, market analysts said that smart money has begun to pay attention to the bond market. The yield of US bonds may rise due to the expectation of Trumps victory. In the long run, under the influence of fiscal expansion and inflation risks, US bonds may face greater selling pressure.
But if Harris wins the election, the U.S. bond market may show short short and long long in the short term. Short-term selling pressure may be exacerbated by interest rate expectations or the shift of funds to risky assets, but in the long run, the demand for bonds may be supported due to lower expected inflation.
سونا
As the most traditional inflation hedging tool, gold seems to continue to rise regardless of who wins the election. Analysts generally believe that the US government debt problem will continue to expand and will be diluted through inflation. Therefore, gold and Bitcoin have become the main choices for investors to hedge against inflation. Gold, due to its safe-haven properties, will attract investors to cope with the potential depreciation pressure of the US dollar and economic uncertainty.
However, analysts at Standard Chartered Bank pointed out that gold is more likely to rise after Trumps victory, as the market generally expects more fiscal spending after Trumps victory, which will drive inflation in the short term and further increase demand for gold.
The hero of the crypto world, what has Trump done in the crypto world?
Once upon a time, Trump was a staunch opponent of cryptocurrency. In early 2019, while still in office, Trump publicly criticized Bitcoin and other cryptocurrencies, saying they were empty value and believed that crypto assets could be used as tools for illegal activities. He said Bitcoin was not a currency and was extremely volatile.
After leaving the White House, Trump continued to be reserved in interviews, calling Bitcoin a scam and insisting that the U.S. dollar should be the worlds only reserve currency. During this period, Trumps attitude towards cryptocurrencies was generally negative. But the NFT trend in 2021 soon began to influence Trumps views.
The story begins in 2022. At that time, the cryptocurrency market was in a cold winter, many crypto projects were on the verge of bankruptcy, and market confidence was low. At this time, Trumps long-term adviser Bill Zanker appeared in his life and brought a suggestion to change Trumps mind: issuing Trump-themed NFTs.
Trump showed unexpected interest in this – however, he did not like the term NFT, preferring to call it digital trading cards. Although it seemed strange, these cards were very popular, priced at $99 each, and were almost sold out after they were released. Trumps NFT actually allowed the former president to stand in front of crypto people for the first time, not only bringing him tens of millions of dollars in income, but also allowing him to discover a new and powerful support group.
As a result, Trumps attitude towards encryption has completely reversed in the past few years.
November 1, 2024 is the 16th anniversary of the release of the Bitcoin white paper. Trump tweeted his blessing for Bitcoin and said that if elected, he would end the Harris administrations crackdown on cryptocurrencies and even called on supporters to help him realize his vision of Bitcoin Made in America. At this point, he is no longer an opponent or even just a bystander, but a presidential candidate of crypto advocates.
The most iconic event was his attendance at the Bitcoin 2024 conference in Nashville, where Trump announced that he would become a staunch supporter of cryptocurrency. He even understood the biggest pain points in the crypto community and promised to fire current SEC Chairman Gary Gensler and replace him with a regulator who understands crypto.
He bluntly stated that opposition to encryption is a wrong policy and that he would make the United States a Bitcoin superpower and hoped to lead the development of the global encryption industry through a more friendly regulatory environment. He even praised Bitcoin as the core of the modern economy, saying that if Bitcoin is to go to the moon in the future, he hopes that the United States can become the leader.
Trump attended the Bitcoin 2024 conference. Source: WSJ
In his speech, Trump tried his best to contrast himself with the Democratic Partys strict stance on cryptocurrencies, especially comparing himself with Elizabeth Warren, who is known for crypto regulation. He also pointed out that if elected, he would create a Presidential Cryptocurrency Advisory Committee. Trumps statement immediately triggered warm applause and cheers from the audience. Even more shocking, he also proposed that the market value of Bitcoin may surpass gold in the future, and publicly criticized the anti-crypto policies of the Biden and Harris administrations.
During the conference, Trump seemed to have experienced a public awakening. He was no longer the former president who was skeptical of cryptocurrencies, but became a defender of Bitcoin and the free market. The audience was infected by his change of attitude and regarded him as a hero in the crypto circle.
Trump attended the Bitcoin 2024 conference. Source: The New York Times
Another detail behind this transformation reveals the subtle connection between Trump and cryptocurrency. At the conference, he looked at the crypto supporters in the crowd and mentioned that Bitcoin had risen 3,900% during his last presidency, from less than $1,000 to more than $30,000. His speech not only ignited the audience, but also gained the support of Bitcoin industry giants, such as Elon Musk, twin brother Winklevoss, and Marc Andreessen, founder of venture capital giant A16Z, all expressed support for his crypto policy.
In addition to Bitcoin itself, Trump has gradually realized the important role of Bitcoin mining in the United States energy security and economic sovereignty. In June 2024, he met with executives from several large Bitcoin mining companies in the United States and promised to strongly support cryptocurrency mining activities in terms of policy. He even posted on the Truth Social platform that Bitcoin mining is the last line of defense against central bank digital currency (CBDC) and hopes that all remaining Bitcoins will be made in the United States. In Trumps view, Bitcoin mining is not just an economic activity, it also symbolizes the United States will to fight against the central bank.
In September, Trump bought a cheeseburger with Bitcoin at PubKey, a Bitcoin-themed bar in New York. This move also promoted the possibility of pulling Bitcoin back from a financial investment product to a daily trading currency, and became a symbol of his crypto stance.
Trump also made a bigger promise to the crypto community, not only publicly stating that he would keep a strategic reserve of Bitcoin, but also planning to pardon Rose Ulbricht, who was sentenced to life imprisonment for operating a dark web platform. Through these radical measures, Trump successfully made himself the savior of the crypto community. He promised to protect Bitcoin from excessive government regulation and to make the United States the center of global cryptocurrency.
Amid the suspense of whether Trump will return to the White House, the future of Bitcoin and the entire crypto market seems to be at a crossroads. In the past few years, political turmoil, policy changes, and global economic uncertainty have pushed Bitcoin step by step to new heights. If Trump comes to power again, his support for cryptocurrencies may undoubtedly trigger a new frenzy in the market, bringing Bitcoin to new heights and even reshaping the financial landscape of the United States.
This article is sourced from the internet: US election from a trader鈥檚 perspective: Election results and Bitcoin price trends
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