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The QCP cited the last election as an example and said “we are waiting for continuity”.

After Donald Trump became the 47th President of the United States, the “Trump trade” clearly manifested itself. Bitcoin rose to $75,400 and broke a new record after the Republican candidate’s lead in the election became clear, while QCP Capital, known for its analysis, said it expected the rise to continue. .

“It never dropped to the previous election levels.”

In today’s analysis of the company, it was noted that Bitcoin has seen 3 elections since its emergence in 2009, and after the election, it never returned to the low level seen in the previous election. :

It was published: November 6, 2024 16:55
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