Ivan On Tech recently dropped some key insights on why the U.S. presidential election is critical for Bitcoin's future. With BTC floating around $68K-$69K, Ivan called this election “the most important day of the year” for crypto. The reason? A decisive outcome could push Bitcoin past its $70K resistance, opening the door for a leap to $90K or even $100K.
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Ivan made an interesting observation: mainstream polls show Kamala Harris leading, but betting markets, where people put their money where their mouth is, favor Trump.
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This matters because betting odds, backed by real cash, tend to be more accurate than media-driven polling, which can be biased or manipulated.
The stakes are high for crypto traders - volatility is where money is made, and Ivan stressed that the election could bring plenty of it. If you're a trader, watch closely; if you're a long-term holder, patience could pay off, as Ivan predicts Bitcoin’s price will surge post-election, regardless of the outcome.
With crypto's institutional popularity at an all-time high and millions of Americans invested, Ivan emphasized that this election could signal whether Bitcoin blasts off or dips to find a new bottom before its next move up.
