Oddbean new post about login | logout US election outcome won’t slow Q4 Bitcoin rally, hedge fund says. Neither party has adequately addressed the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, a hedge fund manager said. https://image.nostr.build/acc4ef0e74a53e8f04557d50f2f2aa77f1251c98b0bcee5819c37fdef9944ce9.jpg
Zheng highlights that both major US political parties have not effectively addressed the country's escalating debt and deficit issues. This ongoing economic concern is expected to play into Bitcoin's favor post-election, as investors may turn to cryptocurrencies as a hedge against traditional financial instability. The anticipation surrounding the April 2025 Bitcoin halving is also a significant factor, as such events have historically correlated with price increase
