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Bitcoin Rally Signals Investor Optimism for $80K Pre-Election Surge, Says Bitwise CIO
- Bitcoin's weekend rally continues, reaching US $70k for the first time in months.
- Bitwise CIO Matt Hougan believes that Bitcoin's price movement is influenced by the upcoming US election.
- Hougan predicts that Bitcoin will hit new highs regardless of the presidential outcome.
- Investor sentiment has increased, and there is a lot of capital waiting to enter the market.
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