Arab Israelis are striving to oust Netanyahu in a closely contested election.
The election competition expected on October 27 will be exceptionally fierce, with two major Arab parties potentially becoming the key deciding forces.
Potential analysis of the impact of Israel's October 27 election results on BTC.
First: If Netanyahu continues to govern, the current Middle East situation will further intensify. Continued governance indicates that domestically there is no aversion to the current US-Iran war, and there may even be a desire to escalate it further.
This will further push up crude oil prices, causing CPI to skyrocket, and naturally, BTC's price will not fare well, possibly continuing to decline steadily. Ethereum may even fall below 1800 again.
Second: If Netanyahu fails and a more moderate faction governs, the current situation may quickly ease, creating a period of relaxation.
With a series of positive factors, BTC's price really has the potential to quickly surpass the $100,000 mark this year. ETH is expected to return above $4000.
I won't elaborate on other aspects due to limited space.
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