29/04/2025
๐Amid the US elections, Bitcoin is targeting $73,000
๐This opinion was voiced by Standard Chartered based on an analysis of current derivatives and trading volume metrics. The company's analysts note that if Donald Trump wins, option break-even points indicate a potential price increase of around 4% immediately after the results are announced. Further growth of up to 10% is possible in the following days.
In general, the current dynamics of the futures market give insight into the potential for price movement after the elections. A large number of Bitcoin options are set to expire on December 27, with a strike price of $80,000.
๐Against this backdrop, many major investors expect that a Republican victory could lead to a rise in Bitcoin's price to $125,000 by the end of the year. Conversely, if Kamala Harris becomes president, the price of the first cryptocurrency may significantly drop.
The potential return of Donald Trump to the US presidency and the need for a hedge against economic instability create favorable prospects for Bitcoin into the next year, 2025, according to JPMorgan.
A week earlier, BlackRock CEO Larry Fink expressed his confidence that Bitcoin will continue to rise regardless of who takes the White House seat.
๐ฐOverall, current expectations among participants in the crypto market are shaping a stable positive trend for most major digital assets. For Selwix, this is an excellent opportunity to generate predictable profits and ensure a stable passive income for its investors.
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