The time of US Presidential elections is also considered to be the best for Bitcoin. Let's discuss it.
Bitcoin and Race to the White House
Nayib Bukele once predicted that this US presidential election will be based on Bitcoin. And for sure, Bitcoin and crypto is a big issue in this Presidential election. Although there are many other needs and demands in a big country like the US, Bitcoin has also become an important issue due to Crypto industry contributing for candidates and giving their own views.
Trump Effect
I found that in predicting the election result, as Trump's points fall, the value of Bitcoin starts falling, and as Trump's points rise, the value of Bitcoin also rises. Although there is no explanation for this; however, who will be the likely US President - this is having an impact on the Bitcoin market. This Sea-Saw is Trump-based.
Bitcoin is not US only
My point is that BTC is not just based on one country, Bitcoin survived even when the SEC and CFTC were taking action against the US crypto industry. But the KYC based centralized crypto industry and government policies on them definitely have an impact on users. Trump is better for the US because of his pro-crypto decisions, his victory might bring green fields for Bulls.
