I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin is very likely to go upside soon. September is coming, and many investors are confident Bitcoin is going to enter a new bullish trend from that moment on until December or even the first months of the next years. I believe in a new ATH which has potential to push Bitcoin above 100,000$, although it's not a guarantee, since we have never crossed the 73,738$ mark. Before talking about 100,000$, Bitcoin still has to hit 80,000$ and 90,000$, which aren't easy achievements at all, considering they have never happened before.
If you check September's history yearly, it is not a good month for bitcoin. Also, bitcoins performance in Q4 will largely depend on the Feds decision to cut interest rates. If they cut rates as planned, we could see strong growth and vice versa. Not only us, the whole world is waiting for news from them this September and December.
Anyway, I feel optimistic and confident about Bitcoin on short run (next year). There are also some other factors to influence Bitcoin price right now, especially US elections, which can boost Bitcoin or not, depending the results.
Yes, I am also more optimistic about next year than I have been the rest of this year.
Regarding the impact of the election, I think whether Trump or Harris wins, nothing will change, the US government will print more money and the market growth is just a matter of time. But if Trump wins and continues to declare his support for bitcoin, things could move faster.