Trump wins US election
The crypto market will also usher in a climax
The community has sorted out Trump’s policies for everyone
Let's find out the market trend in advance and don't be fooled
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🔳Speaking of this US election, it is really full of drama.
◽️In July, Trump was attacked during a speech, but he survived and shouted "fight" and "fight". He was directly regarded as the "chosen one" and his approval rating soared. I almost thought it was an act. At the same time, Biden announced his withdrawal from the election and Harris took over.
◽️Harris’ highlight moment from August to September was that her spending rate directly exceeded Trump’s. It was just like when I first learned Mahjong and went directly into the “newbie protection period”, where I defeated the master with random punches.
◽️In October, Harris lagged behind Trump in policy advocacy, but has been in a state of anxiety.
◽️By now, the tense situation has come to an end, and Trump has successfully taken office. As expected, the master is still the master.
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🔳Trump’s favorable policies
◽️Trump's policies are good for the crypto market. He tends to cut taxes, relax regulations, and promote capital inflows, which may drive the activity of the crypto market, especially in terms of market sentiment and speculative trading.
◽️In terms of taxation, supporting tax cuts can stimulate investment and consumption, increase market liquidity, and stimulate demand for high-risk assets such as cryptocurrencies.
◽️Financially, it tends to reduce government intervention and encourage market freedom, which may drive more capital into the market.
◽️In terms of cryptocurrency policy, the government supports cryptocurrency, believes that cryptocurrency is part of the future financial system, and is not in a hurry to impose strict regulation.
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🔳Good news for Bitcoin
◽️Trump’s tax cuts and relaxed regulations will attract a large amount of capital inflows. The crypto market may usher in a short-term wave of funds, which will benefit BTC and altcoins such as DOGE.
◽️In the long run, Trump's policies may promote the development of the crypto market, especially the application of Bitcoin and blockchain technology will gain more support. Tax cuts, increased tariffs and relaxed regulations may all prompt more funds to enter the crypto market and enhance the status of cryptocurrencies as safe-haven assets.
◽️According to the predictions of Bernstein and other analysts, if Trump is elected, the price of Bitcoin may rise sharply, and it is expected to reach 80,000 to 90,000 by the end of the year. The analysis team of Standard Chartered Bank even gave a forecast of 125,000 US dollars.
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🔳Summary:
◽️In fact, whether Trump or Harris is elected, it will have a profound impact on the development of the crypto market. Trump's policies tend to promote market activity and capital flows. He has adopted radical tax cuts to stimulate investment and consumption, increase market liquidity, and stimulate demand for high-risk assets such as cryptocurrencies. At the same time, this tax cut policy is likely to attract more capital to flow into the United States, activate market sentiment, and indirectly promote the growth of the crypto market. Therefore, the crypto market situation is to rise first, then pull back, and then grow steadily.
◽️Friends who do contracts should be well aware that the surge in Bitcoin has a ceiling, but no bottom. With Trump’s coming to power, the crypto market will usher in a surge, just like now, but we must be at a high position to look at the market, cater to market sentiment, and get out when the crowd is bustling, otherwise by the time you realize it, you are already deeply trapped in it.
