David Lawant, head of research at FalconX, warns that the crypto market could experience heightened volatility if the results of the upcoming US election are too close to call. Traders, who have been facing 'directionless' trading since April, are anxiously awaiting the election outcome on November 5, hoping it will allow the market to shift towards a more stable environment. Bitcoin has been fluctuating between $53,991 and $73,149 during this period. Despite uncertainty, some investors believe a clear pro-industry commitment from the election will lead to stronger gains. Options traders are showing bullish sentiment, with significant activity around call contracts set to expire at the end of November, focused on Bitcoin pricing at $80,000. Alongside Bitcoin, Solana is also highlighted as a potential outperformer, while Ether has not received much conversation. Recently, Dan Tapiero, founder of 10T Holdings, expressed optimism about Bitcoin’s growth trajectory, predicting it could reach $100,000, regardless of the presidential outcome.

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