Octavio Marenzi spoke about the US elections, markets and the Bitcoin price in the program called Boom Bust. According to Marenzi, 4 main factors in total are currently driving the US markets. These factors are Covid19, the economy stimulus package deal, Fed policies and the presidential election, respectively. According to the analyst, the most important agenda shaping the market is the presidential elections. Marenzi said on the subject:
“The main factor driving the market is the presidential elections and people will start to worry about it.”
It was stated that this announcement might raise more concern among investors. In addition, critical cryptocurrency comment came from Marenzi. According to the analyst, the US markets will move down due to the uncertainty brought about by the presidential elections, and Bitcoin, the most popular crypto currency, will also peak.
Read more: https://www.somagnews.com/famous-analyst-claims-that-bitcoin-price-will-soar/