Bitcoin's potential price movement ahead of the upcoming election was the central topic of discussion, with experts offering differing views on when capital might flow into the cryptocurrency.

Roundtable anchor, Rob Nelson, led the conversation alongside David Gokhshtein, founder of Gokhshtein Media, and Samuel Armes, CEO of Cardone Digital Ventures, as they debated the timing and factors influencing bitcoin’s next big surge.

David Gokhshtein commented, "I think people get too stuck in their charts... I'm looking at the pulse of the community." He emphasized that traders often focus too much on short-term technical indicators, while the broader market sentiment, especially on platforms like LunarCrush, suggests money is flowing into bitcoin. Gokhshtein confidently predicted, "By the end of quarter four (Q4), we will definitely hit $85,000."

Rob Nelson shifted the discussion to the potential impact of the U.S. election on bitcoin. He acknowledged that while he was bullish, many investors might hold off on deploying capital until after the election. "A lot of capital on the sidelines is ready to deploy," Nelson observed, seeking insights from Armes on the timing of these investments.

Samuel Armes agreed, noting that high-net-worth individuals were taking a wait-and-see approach. "People are literally just waiting and seeing," he said. However, he stressed that long-term, the outcome of the election would have little effect on Bitcoin.

"We all know long-term, even the presidential election doesn’t matter that much," Armes concluded.