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RE: LeoThread 2024-08-06 01:25

in LeoFinance • 4 months ago

🧵 1. Bernstein analysts: Bitcoin poised for Q3 influenced by macro events, election. Despite recent correction, institutional adoption remains strong. #crypto

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🧵 2. Bitcoin adoption trends positive: ETF inflows, bank approvals on track. Institutional involvement growing, with steady Bitcoin ETF inflows this year.

🧵 3. U.S. election a major short-term catalyst for crypto markets. Bernstein report notes Bitcoin favors Trump as a crypto-friendly candidate.

🧵 4. BTC, crypto prices affected by U.S. election dynamics. Bernstein predicts range-bound market until election outcomes, trading off key events.

🧵 5. Bernstein advises investors to consider Bitcoin exposure for potential "Trump trade". Market likely to trade off macro and election cues in Q3.