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    Home»Bitcoin»Economist Alex Krüger Unveils Election Prediction for Bitcoin, Says BTC May ‘Shoot Straight Up’ – Right here’s Why – The Day by day Hodl
    Economist Alex Krüger Unveils Election Prediction for Bitcoin, Says BTC May ‘Shoot Straight Up’ – Right here’s Why – The Day by day Hodl
    Bitcoin

    Economist Alex Krüger Unveils Election Prediction for Bitcoin, Says BTC May ‘Shoot Straight Up’ – Right here’s Why – The Day by day Hodl

    By Alex RichardsonNovember 3, 2024No Comments2 Mins Read
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    Economist Alex Krüger is revealing his eventualities for Bitcoin (BTC) throughout election night time within the US, saying {that a} quick transfer may very well be coming for crypto markets.

    The dealer tells his 185,000 followers on the social media platform X that within the occasion of a Trump victory on election night time, Bitcoin may “shoot straight up” instantly after.

    If Kamala Harris comes out on high, Krüger says that Bitcoin will doubtless right, however solely briefly earlier than a transfer upward.

    “Easy elections framework for Bitcoin

    Trump win: BTC $90,000 by year-end, likelihood 55%.

    Harris win: BTC $65,000 by year-end, likelihood 45%.

    Weighted common: $79,000.

    Anticipate the transfer to be quick if Trump wins. Markets hardly ever anticipate laggards on binary occasions not largely front-run… 

    Trump win: shoot straight up.

    Harris win: down then up.

    Timing issues enormously if operating leverage or getting in massive.”

    The economist says that within the occasion of a Trump victory, his fundamental play for the night time might be to go lengthy on Solana (SOL), Ethereum’s (ETH) largest rival.

    “That is how I’m desirous about the market. Numerous folks disagree. That’s why now we have a market. I’m going into election night time very lengthy spot, with no leverage, principally allotted to Bitcoin (and Nvidia). My fundamental election night time play if Trump wins might be lengthy SOL.”

    At time of writing, SOL is buying and selling at $165.

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    Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses it’s possible you’ll incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please word that The Day by day Hodl participates in affiliate internet marketing.

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