Bitcoin price outlook hinges on 2024 US election outcome — Analysts

Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800.

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Bitcoin could see heightened price volatility following the United States presidential election, but analysts view this as a positive development for its price trajectory.

As of 8:05 am UTC on election day, Bitcoin (BTC) remains subdued under its old all-time high of $69,000.

The current low volatility in Bitcoin’s price indicates cautious market sentiment ahead of the election results, according to analysts at Bitfinex.

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