QCP Capital: BTC has experienced three election cycles, all of which have rebounded and prices have never fallen back to previous performances. The bull market momentum in 2025 is strong

At 18:50 today, QCP Capital posted on its channel, "What an unforgettable day. Just a few more votes for Trump and the 2024 presidential election is basically determined. Trump has been leading in the polls from the beginning, and now everything depends on Arizona, Michigan, Nevada and Wisconsin. In these states, more than half of the votes have been counted and the balance is beginning to tilt towards Trump. The US dollar soared 1.2% to 105, a high since July, while yields also climbed. Because the market expects stronger economic growth and increased fiscal spending. The 10-year Treasury yield rose 15 basis points, while the 2-year Treasury yield rose 8 basis points, indicating that investors' expectations have increased. Although the market expects the probability of rate cuts to decrease due to Trump's "friendlier" proposed policies, the market still expects 1.8 rate cuts this year and another 3 cuts next year. The cryptocurrency market is hot, with BTC hitting a record high of $75,000, having previously hit $75,000. The previous all-time record of $73,500 was hit on March 14. Since then, BTC has been trading primarily in a narrow range below $70,000. It is worth noting that BTC has survived three election cycles since its emergence in 2009, with price rebounds occurring after each election and prices never falling back to pre-election levels. We expect this bullish momentum to remain strong as we head into 2025. ”