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Bitcoin Could Start a Bull Run Ahead of the US Elections

rtonline - 2024-08-17 23:30:48

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Bitcoin tested resistance near 60K today but failed and generally followed a sideways trend and is currently trading at $59,320.


When I look at Bitcoin's behavior in the past of US elections, it seems like it made an upward leap before the elections. If it can continue the same behavior, it could start a short-term bull run in September or October, who knows, maybe it could even hit a new ATH. Frankly, I still believe it could hit an ATH in 2024. We will wait and see.