Bitcoin is poised to reach six figures soon, regardless of the U.S. election results, according to market experts.

Despite potential political shifts, the cryptocurrency’s long-term value is driven by macroeconomic factors like inflation, interest rates, and increasing institutional adoption.

This continued momentum in institutional backing, particularly through Bitcoin ETFs, suggests a bullish future for the digital asset.

Institutional growth, combined with broader economic forces, makes Bitcoin’s performance relatively independent of political outcomes. While some in the industry express concern over political shifts, historical data suggests that Bitcoin thrives despite political volatility.

Investors anticipate range-bound trading for now, with Bitcoin’s price hovering between $55,000 and $70,000​..

Experts agree that the biggest factors influencing Bitcoin’s next bull run are inflation data and the U.S. Federal Reserve’s monetary policies, rather than the upcoming election. As crypto continues gaining acceptance, Bitcoin remains a resilient asset.

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