Bitcoin has maintained relative stability over the past weekend, with its price moving sideways. Analysts predict that this could change rapidly in the coming days, especially with the approaching US presidential elections. The central question being posed is whether the Bitcoin price will crash as the elections unfold or whether it will surge to new heights.
The uncertainty surrounding the US presidential elections creates a jittery environment for Bitcoin investors, which could potentially lead to significant price movements. Some experts believe there's a real possibility of a price crash as political outcomes may create volatility in the cryptocurrency market. Conversely, there exists an optimism for a possible price increase, pushing Bitcoin to new highs if the election results are favorable or perceived positively by the market.