Bitcoin Could Reach $100,000 After U.S. Election, Says Historical Pattern

If history is any indication, Bitcoin could surpass $100,000 after the U.S. election. BTC is currently undervalued compared to previous cycles, whether measured from the cycle low or since the halving. The outcome of the U.S. presidential election will likely dictate short-term crypto price movements, but once the situation stabilizes, Bitcoin is expected to experience a significant rally similar to patterns seen in previous elections. Crypto markets are expected to remain volatile in the meantime, with rising stablecoin liquidity and Bitcoin transactions contributing to the formation of "UnmuteUptober."