Future

Bitcoin

Bull Market

<p>Popular crypto analyst <strong>PlanB</strong> believes major Bitcoin investors are awaiting a significant trigger event. Despite Bitcoin’s volatile price movements over the last eight months, the analyst argues that the cryptocurrency is still in a <strong>bull market</strong>. Here’s what could be driving the next surge.</p> 
<h2 id="bitcoin-s-bull-run-is-approaching">Bitcoin’s Bull Run Is Approaching</h2> 
<p>PlanB suggests that the upcoming U.S. presidential election in November could be the catalyst for a massive <strong>Bitcoin</strong> bull run. According to him, many large investors are waiting for the election results before making any big moves. This hesitation has kept <strong>Bitcoin’s price</strong> in a relatively flat range for the past eight months.</p> 
<h2 id="bull-market-on-the-horizon-bitcoin-ethereum-and-xrp-targets">Bull Market on the Horizon: Bitcoin, Ethereum, and XRP Targets</h2> 
<p>PlanB speculates that a Democratic victory could negatively affect <strong>Bitcoin</strong>, causing investors to wait on the sidelines.</p> 
<h2 id="kamala-harris-stance-on-crypto">Kamala Harris’ Stance on Crypto</h2> 
<p>Democratic candidate <strong>Kamala Harris</strong> has previously stated her support for Bitcoin, crypto, and <a href="https://thebitjournal.com/billionaire-mark-cuban-criticizes-meme-coin-culture-are-meme-coins-just-a-gamble/" target="_blank" rel="noopener">AI</a> industries, emphasizing their role in the “opportunity economy.” However, some experts argue that Harris’ approach may not significantly change the regulatory environment, which Democrats have slowed over the last four years.</p> 
<p><img decoding="async" class="alignnone size-full wp-image-48593" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/the-theme-of-a-Bitcoin-bull-run.-The-central-element-should-be-a-large-Bitcoin-symbol-charging-forward-like-a-bull-symbolizin.webp" alt="PlanB: Countdown Begins for Bitcoin Bull Run—When Will It Start? = The Bit Journal" width="1792" height="1024" title="PlanB: Countdown Begins for Bitcoin Bull Run—When Will It Start? 5"></p> 
<h2 id="bitcoin-s-next-big-move-is-coming">Bitcoin’s Next Big Move Is Coming</h2> 
<p>PlanB notes that <strong>Bitcoin</strong> tends to make sharp upward moves following periods of market uncertainty. Historically, long periods of sideways price action have often led to explosive growth. The analyst believes that Bitcoin’s post-halving surges are no coincidence.</p> 
<h2 id="the-future-of-bitcoin-and-cryptocurrencies">The Future of Bitcoin and Cryptocurrencies</h2> 
<p>PlanB predicts that after the election, <strong>whale investors</strong> will re-enter the market, driving Bitcoin prices higher. This could present a major opportunity for investors. According to him, post-election market dynamics will undergo significant changes, potentially triggering the long-awaited bull run for Bitcoin.<img decoding="async" class="alignnone size-full wp-image-48594" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/GZHlR7UWkAAkApE.jpeg" alt="PlanB: Countdown Begins for Bitcoin Bull Run—When Will It Start? = The Bit Journal" width="1280" height="720" title="PlanB: Countdown Begins for Bitcoin Bull Run—When Will It Start? 6"></p> 
<p>In conclusion, PlanB emphasizes that the U.S. presidential election will be a pivotal moment for <strong>Bitcoin’s</strong> future. Large investors are expected to return to the market after the election, potentially causing Bitcoin to surge. Investors should keep a close eye on the election results.</p> 
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PlanB: Countdown Begins for Bitcoin Bull Run—When Will It Start?

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