Bitcoin & Politics: Why I'm BULLISH For 2021!!
Got a new video up! 📺
This past US election has no doubt being one of the most contentious in living memory. Heck, it is still ongoing given legal challenges and vote recounts.
However, given that Biden looks likely to be the next president of the US, it is important to analyse what this could mean for global markets and Bitcoin more specifically.
There are a number of factors at play. You have to consider the fact that there is still a runoff that will determine who will control the senate. This will determine whether Biden can push through his relatively progressive agenda. Of course, a split congress is also likely which could have its own impacts on the markets.
Irrespective of this though, Biden can choose his own cabinet and currently there are some candidates who are pro crypto.
I analyse all of this as well as the impact that the recent Pfizer vaccine announcement means for the economy, equity markets and consequently, Bitcoin.
So, could 2021 push Bitcoin above those 2017 highs?
Well, watch and find out 😉
⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️
► Open Secrets Biden: https://www.opensecrets.org/2020-pres...
► Gary Gensler Op-ed: https://www.coindesk.com/even-if-a-th...
► Pfizer Vaccine: https://www.cnn.com/2020/11/09/health...
► Andrew Yang Bitcoin: https://decrypt.co/18057/7-times-andr...
► Split Congress Markets: https://www.cnbc.com/2020/11/05/the-s...
► Fed Balance Sheet: https://www.federalreserve.gov/moneta...
► Joe Biden Policy: https://joebiden.com/joes-vision/
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.