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DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . The US presidential election is expected to play a major role in deciding the Bitcoin price trajectory over the coming months.  The consensus view is that a Donald Trump victory could trigger the next bull run while a Kamala Harris win could potentially result in a washout. However, the reality could be far more complex.  Meme coins could also see substantial volatility, considering many of them are at crucial S/R levels.  However, Dogecoin and new meme tokens like Pepe Unchained and FreeDum Fighters appear poised to soar in November, regardless of who wins on Tuesday.  Bitcoin Price Target For November If Donald Trump Wins A Donald Trump victory is expected to be bullish for Bitcoin. The former President has promised to fire SEC Chair Gary Gensler and set up a Strategic Bitcoin Reserve, both of which will make BTC appealing to institutional investors.  $725 billion asset management firm Bernstein projects that Bitcoin price will reach $90,000 in the aftermath of a Trump win.  However, the possibility of a sell-the-news event cannot be ignored. Furthermore, Election Day volatility could trigger panic selling among whales. For example, if Trump initially falls behind, some might rush to dump their BTC holdings—even if he ultimately wins the race.  Consequently, experts are advising swing traders to avoid using leverage on Tuesday.  Furthermore, Donald Trump may not be as bullish for Bitcoin in the long term as many expect. For instance, he has announced his plan to impose massive tariffs on imported goods, deport migrant workers and interfere in the Federal Reserve’s monetary policies, all of which will…

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Filed under: News - @ November 5, 2024 1:25 pm