Bitcoin is up 30% in a month and 50% in a year. US election tomorrow

Bitcoin has had time this year to fall and to recover from that fall. In March, due to a raging pandemic [...] https://www.pinterest.com/pin/1085437947660215829/

Bitcoin has already managed to fall this year and recover from that fall. In March, due to the raging coronavirus pandemic, the price of BTC touched a bottom at around $4,000. Since then, however, it has risen, and especially in recent weeks. Yesterday, BTC broke through the magic barrier of $14,000. What does this mean? That bitcoin has seen an impressive 30 percent increase in a month and about a 50 percent increase since the beginning of the year. However, the US presidential election is taking place tomorrow, where the current incumbent US President Donald Trump and Joe Biden will compete. The whole industry is waiting for the results of the election, but opinions are divided on the impact of the results on Bitcoin's price. Let's take a closer look at what could happen if one of the two candidates is elected. What if Trump wins? Trump's term has been filled with controversial actions and statements. However, his views on Bitcoin have been consistent and unfavorable to the oldest cryptocurrency. In July 2019, he said he was "not a fan of Bitcoin and other cryptocurrencies that are not money and whose value is highly volatile and based on thin air." An unpublished book written by former national security adviser John Bolton claims that the president told Steve Mnuchinowy to "deal with Bitcoin." It's hard to imagine that Trump would suddenly change his mind and start endorsing the first-ever (or any other) cryptocurrency. So, if he wins the election, the effects on Bitcoin could be rather negative. How will Biden's win affect BTC? The Democratic party's presidential candidate was also the victim of a recent Twitter hack. Shortly afterwards, he said that he did not own any Bitcoin, but did not provide any specific stance on cryptocurrencies. As a result, it's hard to argue about whether or not his presidency would ultimately be good for Bitcoin. Max Keiser argues that if Biden becomes president, the price of BTC will explode dramatically. "As I've said before, a Biden win would accelerate Bitcoin's progress because there would be panic buying by those who want to escape the socialists and money printers. It will be like Kristallnacht in 1938, armed thugs in jack-boots will steal property door-to-door in the name of social justice." Tags bitcoin btc btc price btc exchange rate US elections