As the U.S. presidential election on November 5, 2024 approaches many are curious about how Bitcoin’s price might react

So let’s Historically

$BTC has seen significant gains after past elections

For example - after the 2012 election it surged by about 2,000% in just over five months

Similarly following the 2016 election it experienced a 2,000% increase over 400 days

This time around both major candidates have expressed positive views on cryptocurrency - Republican nominee Donald Trump has promised to make the U.S the “crypto capital of the world,” while Democratic nominee Kamala Harris has shown support for clear regulations for digital assets

And I expect that a Trump victory could push Bitcoin’s price to $100,000 driven by expected deregulation and pro-crypto policies and On the other hand a Harris win is also seen positively with expectations that regulatory clarity would benefit the crypto market

It’s important to remember that $BTC price is influenced by many factors including global economic conditions, technological advancements, and investor sentiment - While historical trends and current political stances offer some insight the cryptocurrency market remains unpredictable

So looking historically we are set to hit a new ATH and soar to new heights - things are aligning and $BTC will go giga bullish