Bitcoin's course showed a noticeable growth in the last month and, According to analysts, This is not the limit yet. The new BTC growth incentive can give the US presidential election.
Last week, Bitcoin showed a negative correlation with the Dow Jones index. At that time, As a stock markets around the world decreased, Bitcoin's course grew up 5% And even achieved
Ukrovny of January 2018 of the year. One of the main fundamental factors this week will be the final stage of the US presidential election, moreover, According to Exante Executive Director Anatoly Knyazeva, Bitcoin will win at any outcome:
“Trump’s victory should be well accepted by participants in financial markets, and the Bitcoin course will grow along with the courses of other assets. In case of Biden’s victory, we will see the fall of the stock market. However, bitcoin, It is quite possible, will show growth against the backdrop of the expectations of the depreciation of the dollar ".
Many analysts call Bitcoin a protective asset, in which they are invested during uncertainty in financial markets.
“Markets do not accept uncertainty and, When such a situation develops, Protective assets are growing noticeably, Especially non -state assets, such as gold and bitcoin ", - noted the Director General of Devere Group Nigel Green (Nigel Green).
Moreover, some analysts agree on the opinion, that Biden’s victory is more positive for bitcoin. Max Kaiser (Max Keiser) considers, that in the case of Biden's victory, Bitcoin can reach new peaks. When, If the United States chooses Trump with the next president, then bitcoin will also continue to grow, However, much slower.
Recently cryptocurrency enthusiast Raul fell (Raoul Pal) I expressed an opinion, that the growth of the bitcoin course can attract the attention of more conservative investors to this asset.
