Metalpha Senior Analyst: It is expected that BTC will continue to rise until the 2025 elections
Driven by optimistic predictions of the U.S. election, Bitcoin once soared to over $68,000 and then stabilized at around $67,500 during early Asian trading on Monday. Lucy Hu, a senior analyst at Metalpha, said that we expect the market to rise further because Trump's main economic policy is to lower interest rates and borrowing costs. This will definitely boost all risk assets including BTC. Hu added that in the medium and long term, until the 2025 election, we expect BTC to continue rising.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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