Today, October 18, 2024, Bitcoin can be bought at a price of $ 68,800.
In the next 19 days, Bitcoin is quite capable of breaking the 80 thousand mark. Now the second and, most likely, final wave of the 2024 bull season begins.
This year, its maximum result will be 100 thousand. The minimum is 80 thousand.
Regardless of the results of the US presidential election, the next 20 days should be positive dynamics of cryptocurrency growth.
What will happen after the elections is a big question. Most likely, the market will enter a correction phase until December, and then its fall will inevitably follow.
You can safely buy Bitcoin even at this expensive price. You can even buy it for 70 thousand dollars. It is clearly going to the 80 thousand dollar mark.
The main thing here is to sell it in time. After all, greed is always ready to play its game with you.
Conclusion:
After the US presidential elections, the price of Bitcoin will be between 80 and 100 thousand dollars. Then, most likely, there will be a long correction and possibly the end of the bull season.
According to our second forecast, a third wave of the bull season is possible at the end of 2025. But it is still very difficult to judge. And this seems extremely unlikely to us now, because the 2 previous bull seasons in 2018 and 2021 had exactly 2 waves. And where the third wave will come from is completely unclear, especially since the world situation is completely unfavorable for this. Another war will start somewhere else and the crypto market will react to this with another fall.