As the 2020 U.S. presidential election draws near, many crypto traders on Twitter shared their predictions for how Bitcoin's price could react to the presedential elections as,
"If we have a clear winner and an easy transition of power, I do not see much of an impact on the price per coin," trader "BigCheds" told Cointelegraph. "On the other hand, if we have a close and/or contested election, we should see a bounce in risk-off assets like gold and Bitcoin."