Some expect Trump to announce making bitcoin a strategic reserve asset if elected, potentially causing a 'parabolic move' for bitcoin.
Cash-out or shorting before Trump's speech may be costly, with potential positive impact on bitcoin's value.
Thielen predicts a 'parabolic move' if bitcoin holds above previous all-time high, believes Trump's victory is likely.
Gensler, who has opposed crypto, may resign around Trump's presidency, affecting the industry.
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