Bitcoin Price Prediction: Why a Return to Pre-Election Level Seems Unlikely

During Wednesday’s trading session, the cryptocurrency market witnessed a sudden inflow as Donald Trump secured 270 electoral votes, becoming the 47th U.S. President. Following the election result, the BTC price surged 8.8% to hit a new high of $75,397, boosting the market cap to nearly $1.5 Trillion. Historical data highlights that Bitcoin price prediction has never dipped to pre-election levels, suggesting a potential opportunity to accumulate.