The recent election has shown that Joe Biden has won over Donald Trump, however do you feel that this has affected the price of Bitcoin that we are seeing in the market? In my opinion, elections such as this one, where the US dollar is basically used as the reference value for Bitcoin is very influential on Bitcoin price.
In cases where the dollar value weakens the Bitcoin price ends up increasing, and vice versa. What are your thoughts after Biden enters office? Do you think that the development and honing of relationships with other countries may cause the price of Bitcoin to start stabilizing and maybe even decrease as the dollar starts to strengthen?
To be honest, I think that we may see a change in Bitcoin price. The hand over is happening tomorrow and so the effects may be seen in the market. What are your thoughts and do you agree with my direction of thinking on this matter?
In cases where the dollar value weakens the Bitcoin price ends up increasing, and vice versa. What are your thoughts after Biden enters office? Do you think that the development and honing of relationships with other countries may cause the price of Bitcoin to start stabilizing and maybe even decrease as the dollar starts to strengthen?
To be honest, I think that we may see a change in Bitcoin price. The hand over is happening tomorrow and so the effects may be seen in the market. What are your thoughts and do you agree with my direction of thinking on this matter?