Taking a cue from history, bitcoin may break through $100,000 after the US presidential election.

During the election

After 12:00 on November 6th Beijing time (after 23:00 on November 5th US East Coast time): As the statistical results of major states are released, the election results nationwide gradually become clear.

Dates worth noting after election day:

November 6th to December 11th: States certify election results

December 17th: The Electoral College meets to cast the formal votes.

January 6th, 2025: The US Congress convenes to tally and certify the Electoral College votes.

January 20th, 2025: The newly elected US President officially takes the oath of office.

Regardless of who wins, the election results will shake the cryptocurrency market. Personally, I believe whether Kamala Harris or Donald Trump becomes the President of the USA may not determine the price growth of Bitcoin.

While we wait for the results of the USA presidential election on Tuesday and Wednesday, the market will continue to fluctuate. In the short term, the election will completely determine the price trend. However, once the situation stabilizes, if the voting pattern repeats, Bitcoin (BTC) may experience a significant rebound.

Bitcoin was created in 2009 and is about to experience its fourth USA election. History indicates that Bitcoin is likely to see a wave of rise after elections. Interestingly, the price of Bitcoin has never been lower than on election day and has shown a parabolic rise after every USA election.

With the current market decline, following the trend of bearish news in the past, prices often drop in advance, then experience a bottoming rebound within 24-48 hours after the news is released.

If there is an opportunity, one should also make a move in the next two days. For those who wish to set up positions, consider operating after the latest Bitcoin flash crash. Bitcoin will not be affected in the long term by the election, only by the cycle. To set up positions, find a relatively low point, as the absolute low point is completely gone.

For altcoins, it's better to strategically position near support levels when Bitcoin is relatively low. Short-term, the range between 66000-67000 is a good starting point for setting up positions (as this level has accumulated more leverage and more spot purchases), if it doesn't reach, wait conservatively for a while.

A dark horse may emerge after the election.

DOGE

高市值币种里的 DOGE，第一个迷因币。DOGE 有了政治色彩，这和马斯克支持特朗普有关。它现在市值 25.5B，近 14 天涨跌幅是 +48%，上涨的动力就是马斯克发文和特朗普造势。特朗普胜选以后，狗狗币将谱写一个神话。

End

加密市场从来都不缺乏热点消息或事件，就好比现在已经没有人再去在意比特币的减半事件、没有人再去在意各国政府的抛售比特币事件、也没有人再去在意美联储会不会开始降息......也许再过几个月，谁是美国总统也就没人会在意了市场的热点消息或事件。

There will always be the most suitable timing appearing in front of retail investors, we must not be disturbed by various news and disrupt our own plans and strategies.