Betting On The Election, Altcoins, How Does Polymarket Survive | Analyst Roundtable

Bullish:

• $BTC - Bitcoin is expected to reach $150,000, driven by a potential 'golden bull run' and the possibility of a Trump election victory. The bullish sentiment appears strong regardless of external factors.

  • “I think Bitcoin is destined to go to $150,000 per. I think it's the golden bull run, and I think it doesn't matter.”

    Boccaccio·12:24

  • “I think, I think it's pretty obvious as, like, what's gonna happen now. Like, I think the big question is the price action over the next 12 months in both scenarios. And, pretty firmly believe that over a 12 month period, if, if Trump wins, you see Bitcoin at 1.50.”

    Ryan·11:24

Bearish:

• $ALTS - Altcoins are viewed very negatively due to their poor risk-reward profile, with high downside beta and reduced upside potential compared to the past.

  • “I think alts are very fucking cooked. Excuse me. No. I think that the down beta...they have a lot of down beta, and they, like, don't have as much up beta as they used to have.”

    Ryan·37:00
• $BTC - Bitcoin is expected to perform poorly or remain flat if Kamala Harris wins the election, contrasting with the bullish scenario under a Trump victory.

  • “I actually think that you are down to flat on Bitcoin if Kamala wins. I don't think it's very obvious that Bitcoin goes higher.”

    Ryan·12:24