According to Polymarket’s latest data, Trump is projected to win all seven key swing states.Patric H.reminds readers, “Trump is pro-crypto; Elon Musk will lead a Department of Government Efficiency (DOGE).” #6 S&P 500 As Trailblazer The S&P 500 index is trading at an all-time high, historically signaling positive momentum for Bitcoin and crypto.“There has not been a time in history when Bitcoin and the altcoins market did not catch up to the performance of the S&P 500,” Patric H.points out, dismissing skepticism with, “But ‘this time is different’… yeah, sure.” The correlation between traditional markets and cryptocurrencies suggests that bullish trends in equities could spill over into the Bitcoin and crypto sector.#7 Seasonality Historically, the fourth quarter (Q4) has been the most bullish period for Bitcoin, especially in halving years.“Bitcoin and the crypto market tend to outperform all asset classes in a halving year,” argues the analyst.
Concurrently, crypto exchange OKX has launched a fully licensed trading platform in the United Arab Emirates (UAE), offering a legal avenue for Chinese investors to engage in cryptocurrency trading under UAE jurisdiction.Patric H.predicts, “Chinese money is gonna enter crypto in Q4.” Related Reading: Substantially’ During Last Dip, Data Shows Large-Holder Accumulation #3 Declining Bitcoin Exchange Reserves Bitcoin exchange reserves continue to dwindle as institutional investors and whales accumulate the cryptocurrency at unprecedented rates.
This trend indicates a supply shortage on exchanges, which, coupled with increasing demand, could lead to a supply shock.“Eventually, this will cause a supply shock, leading to higher prices in due time,” notes the analyst.#4 Surge In Bitcoin Whale Accumulation On-chain data reveals that new Bitcoin whales are accumulating assets like never before.
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