If biden is inaugurated or if Trump is still president or if military declares Marshall law or something and there is no president. What do you think will happen to the price of bitcoin in each of these scenarios?
If that rumor floating around that Trump is abolishing corporate America is true then the price of bitcoin compared to usd would immediately skyrocket. Imo.
If biden is president bitcoin would probably not change much in the short term but long term would definitely increases in price vs usd.
If Trump is president. Bitcoin may drop heavily.
I would argue BTC is getting more dangerous. Big corp players own whale amounts now. They CAN manipulate the price, but conversely, if individuals latch on it COULD stay a decentralized currency acting as a hedge versus any unilateral currency manipulation by bad actors.
People ARE ready to buy the dip.. But if they can get BTC in freefall for a couple hours it would likely be anarchy, -pissed off investors, lawsuits and rationale to legislate cryptos into illegality.