Analysts predict: The results of the US election may boost gold and Bitcoin.

robot
Abstract generation in progress

Recently, analysts have indicated that if a certain well-known political figure wins the next U.S. presidential election, both gold and Bitcoin are expected to perform well. They particularly emphasized the concept of "devaluation trade." "Devaluation trade" is an investment strategy aimed at profiting from currency devaluation or weakness, usually triggered by inflation or expansionary fiscal policies. In this type of trade, investors purchase assets like gold and Bitcoin, as these assets are viewed as stores of value that can maintain their worth even in the face of declining currency purchasing power.

Analysts point out that retail investors are also supporting gold and Bitcoin. Since last summer, investments in gold and Bitcoin ETFs have increased, and this trend is expected to continue until 2025. The policies of a certain politician may also have a positive impact on these two assets. Additionally, analysts mentioned a company's aggressive Bitcoin acquisition plan announced through its "21/21 plan", believing that this could further boost Bitcoin's performance. The plan involves raising $42 billion over the next three years, with half ($21 billion) coming from equity and the other half ($21 billion) from fixed-income securities.

Analysts say that by 2025, this company plans to invest $10 billion to purchase Bitcoin, which is roughly equivalent to the total amount it has accumulated since mid-2020. This large-scale investment plan could have a significant impact on the Bitcoin market, further driving up its price.

It is worth noting that this investment strategy is not without risks. While gold and Bitcoin are seen as tools to hedge against inflation, their prices can still be influenced by various factors, including market sentiment, regulatory environment, and global economic conditions. Investors should be cautious when making decisions and fully consider their risk tolerance and investment objectives.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
CountdownToBrokevip
· 2h ago
Entering a position with the three axes is sure to lose.
View OriginalReply0
hodl_therapistvip
· 3h ago
Coin price has doubled in half a day, this wave is sure to da moon.
View OriginalReply0
WhaleWatchervip
· 5h ago
btc charge charge charge!
View OriginalReply0
BlockchainFoodievip
· 07-08 16:48
cooking up some tasty gains like a btc soufflé rn
Reply0
TokenomicsTherapistvip
· 07-08 16:46
Looks like they are going to Be Played for Suckers again~
View OriginalReply0
GasGuzzlervip
· 07-08 16:45
buy the dip is increasing the position, how about you?
View OriginalReply0
Deconstructionistvip
· 07-08 16:42
Is BTC playing people for suckers again?
View OriginalReply0
PumpingCroissantvip
· 07-08 16:35
btc continues to mine bricks
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)