BlockBeats news, on October 3, Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, said that although risks in the Middle East may cause the price of Bitcoin to fall, as Donald Trump’s chances of winning the U.S. presidential election continue to rise, investors This should be viewed as a buying opportunity.
Geoff Kendrick said: “Risk concerns over the Middle East seem destined to push Bitcoin below $60,000 before the weekend, but here is where to buy at low prices. This creates an interesting cycle for Bitcoin, and geopolitical concerns may will depress prices, but these concerns appear to increase the odds of a Trump victory and may improve Bitcoin’s post-election prospects.”
