Biden out Bull run in???

[Distinctin]

Also in the previous years, in the previous bull markets, we got the bull seasons and there were no positive sentiments from the USA or any other governments. I will just take this as a positive event for the market.

Well, this is what I mean. The increase factor can occur due to several causes. Not only because the candidates who are fighting won the election by raising positive issues regarding Bitcoin. It's funny to me if because of them prices will increase even though there is an effect that makes prices increase because of them.
If there is a lot of demand, perhaps if we refer to the law of supply and demand, without political factors the price will still increase.

But still, we can’t deny that after Biden abandoned the presidential candidacy, bitcoin has started to surge high. So we can really tell that US election really makes an impact to bitcoin, although we can’t tell that everything that happens to bitcoin are attributed from this US politics.

Majority of the price events of bitcoin are still coming from its supply and demand. The good thing is, the demand for bitcoin has increased a lot more when Trump started to favor bitcoin and tells positive about it. Hopefully this is already a good start for the upcoming bull run.

[mirakal]

Biden sudden move to abandon the 2024 presidential race could be a "hug boost" for cryptocurrencies and other assets said the crypto analyst predicted.

This may be one of the factors along with many others due to we will see another bull market. But it is not like that if Biden had not abandoned the presidential race or even if trump did not win the upcoming elections, we will have no bull run. Regardless of these political developments, we are due to see the Bitcoin bull market and the major reason is the halving and the four year Bitcoin cycle.

Also in the previous years, in the previous bull markets, we got the bull seasons and there were no positive sentiments from the USA or any other governments. I will just take this as a positive event for the market.

Regardless of all the issues about Trump and Biden, bitcoin will still be moving upward and reach its new all time high soon, but I guess having seen Biden leaving the presidential candidacy also create a small impact to bitcoin but it’s never enough to guarantee bitcoin bull run in the next few months.

Let’s just settle on the fact that no matter how different issues thrown at bitcoin, bitcoin instead will continue to rise and give us a satisfying price every now and then. We just have to trust bitcoin and its market, as everything good do not happen in an instant but it certainly takes time.

[tygeade]

Regardless of all the issues about Trump and Biden, bitcoin will still be moving upward and reach its new all time high soon, but I guess having seen Biden leaving the presidential candidacy also create a small impact to bitcoin but it’s never enough to guarantee bitcoin bull run in the next few months.

Let’s just settle on the fact that no matter how different issues thrown at bitcoin, bitcoin instead will continue to rise and give us a satisfying price every now and then. We just have to trust bitcoin and its market, as everything good do not happen in an instant but it certainly takes time.

That's the point of it, a lot of people think that we are going to end up with a lot of issues, and because of that we are talking about something that takes a while as well, we can't really consider the situation to be just about us, we need to make sure that it is all good for everyone. This is why we need to ignore the politics, unfortunately until November (and probably at least another month after that) the Americans will keep on talking about it like that is the only thing that matters to the world, without realizing that we do not care.

Let them do that, but know that it doesn't impact the price at all, just because price is moving, doesn't mean it's USA politics related, we moved before this election and will move after this election too, America talks about politics every single day, of course the movement will end up being on the day of something, if it is not Biden out then it's Trump hit if not that then kamala candidate if not that something else.

We are going to always see something political from that nation, every single day, and they will consider it is their own doing. As long as we are aware that it is only their own imagination and bitcoin moves without any connection to them, we will be fine.

[Ozero]

Guys what your take on this??

It is possible that for some investors they see this as positive news, because with Biden's resignation it makes Trump come forward as the strongest candidate, which we know that he came with good promises in the world of Bitcoin, and that made his way to becoming president became smoother and made investors more confident that he could become president and realize his promises. However, I'm not so sure that it can bring a bullrun, because to achieve a bullrun it can't only be achieved with Trump as president, but it must also be supported by other positive news, but it does provide positive things to the market.

Since Kamala Harris began running for the presidency of the United States instead of Biden, Trump's ratings have begun to fall sharply and his chances of becoming president again are becoming less and less every day. A new poll conducted July 22-24 and released Sunday showed Harris' approval rating ahead of Trump in Wisconsin by 2 percent, Pennsylvania by 3 percent, Minnesota by 8 percent, and in Michigan, Harris led Trump in favorability by a whopping 57 percent. against 47 percent, that is, by as much as 10 percent.
In just one week, Harris' overall favorability rose from 35 percent to 43 percent, while her distrust rating dropped from 46 percent to 42 percent.
https://www.dialog.ua/world/299072_1722330756.

In addition, Trump is not the only presidential candidate who has a positive attitude towards cryptocurrency. Sources of the Financial Times reported that members of the team of US Vice President Harris contacted major representatives of the crypto industry and indicated their intention to establish a positive dialogue with participants in the digital financial assets market and have already held negotiations on interaction with the largest American cryptocurrency exchange Coinbase, stablecoin issuing company Circle and blockchain payment operator Ripple Labs.
https://forum.bits.media/index.php?/topic/237167-financial-times-

In any case, this is very good for the cryptocurrency market, as long as the presidential candidates do not forget about it when they take office.

[Jating]

Also in the previous years, in the previous bull markets, we got the bull seasons and there were no positive sentiments from the USA or any other governments. I will just take this as a positive event for the market.

Well, this is what I mean. The increase factor can occur due to several causes. Not only because the candidates who are fighting won the election by raising positive issues regarding Bitcoin. It's funny to me if because of them prices will increase even though there is an effect that makes prices increase because of them.
If there is a lot of demand, perhaps if we refer to the law of supply and demand, without political factors the price will still increase.

But still, we can’t deny that after Biden abandoned the presidential candidacy, bitcoin has started to surge high. So we can really tell that US election really makes an impact to bitcoin, although we can’t tell that everything that happens to bitcoin are attributed from this US politics.

It surge high because of the dumping of the German government is done, and then we have the assassination attempt on Trump and then him speaking on the Bitcoin conference. So yes, the election in the US has something to do with the surge in price. But if we look at it, after hitting $70k, it was a short live rally, as the price goes down to $66k and probably lots of short day traders have sold for instant profit.

Majority of the price events of bitcoin are still coming from its supply and demand. The good thing is, the demand for bitcoin has increased a lot more when Trump started to favor bitcoin and tells positive about it. Hopefully this is already a good start for the upcoming bull run.

We still have the fundamentals, like supply and demand that might push the price later. But we can't deny the fact that the Presidential election will really have a big impact on us, specially if Trump is going to win this November. If that happens, $80k, easy and it could start a massive bull run.

[BABY SHOES]

Also in the previous years, in the previous bull markets, we got the bull seasons and there were no positive sentiments from the USA or any other governments. I will just take this as a positive event for the market.

Well, this is what I mean. The increase factor can occur due to several causes. Not only because the candidates who are fighting won the election by raising positive issues regarding Bitcoin. It's funny to me if because of them prices will increase even though there is an effect that makes prices increase because of them.
If there is a lot of demand, perhaps if we refer to the law of supply and demand, without political factors the price will still increase.

But still, we can’t deny that after Biden abandoned the presidential candidacy, bitcoin has started to surge high. So we can really tell that US election really makes an impact to bitcoin, although we can’t tell that everything that happens to bitcoin are attributed from this US politics.

Majority of the price events of bitcoin are still coming from its supply and demand. The good thing is, the demand for bitcoin has increased a lot more when Trump started to favor bitcoin and tells positive about it. Hopefully this is already a good start for the upcoming bull run.

At least US politics has something to do with bitcoin, both camps accept bitcoin and some reject it, so I think there is little influence on US politics.

Trump thinks bitcoin is positive - Kamala bitcoin is criminal money.

And what I know is that the US is the largest holder for bitcoin so it is a little clear that it has an influence, about the increase because bitcoin already has a 4-year cycle so we believe in it, but other factors can also determine the price increase.

If Trump wins there will be many positive things, but keep in mind that political promises can betray supporters if they have won.