BTC price volatility makes a snap entrance as US Presidential Election voting begins — and Bitcoin analysts have a sense of deja vu.
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The ETN will trade on Euronext Amsterdam and Euronext Paris and will be available in 15 countries.
The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025.
Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000.
Crypto investors are calling for a Trump victory due to the infamous “inverse Cramer” effect following the popular television host’s Monday predictions of a Harris victory.
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Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800.
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After notching a three-month high last week, Bitcoin volatility has flattened out as traders await the outcome of the US election with bated breath.