Wall Street investment bank Bernstein reaffirmed that while Trump’s victory would be more advantageous to Bitcoin, regardless of the election results, Bitcoin will reach $200,000 by the end of 2025.
(Prelude:
Will Bitcoin hit a new high after the US election? How to maximize returns in a highly volatile market
)
(Background:
Bitcoin dropped below $60,000! Bernstein: If Kamala Harris wins, Bitcoin may retest $40,000 support
)
Table of Contents
Bernstein: Regardless of who wins, Bitcoin will break through $200,000 by the end of 2025
If Trump wins, Bitcoin will rise to $90,000 by January next year
Analysts: Bitcoin will break through $100,000 after the US election
Trump’s odds of winning are 58.1%
The highly anticipated U.S. Presidential election will start counting votes on November 6 Taiwan time. Due to the different policies that Republican candidate Donald Trump and Democratic candidate Kamala Harris may bring to cryptocurrency regulation, the outcome of this election is always on the minds of cryptocurrency investors.
Bernstein: Regardless of who wins, Bitcoin will break through $200,000 by the end of 2025
In the final decisive stage of the U.S. election, Wall Street top investment bank Bernstein once again reaffirmed that although Trump’s victory is clearly more favorable to cryptocurrency, no matter the final result, Bitcoin will break through $200,000 by the end of 2025.
If Trump wins, Bitcoin will rise to $90,000 by January next year
In addition, Bernstein added that if Trump ultimately wins, Bitcoin will break through $74,000 before the inauguration on January 20th next year and will soon rise to between $80,000 and $90,000.
If Kamala Harris wins, Bitcoin’s performance during the same period may be greatly affected, possibly falling to a low of $50,000, and only gradually recovering after a long period of adjustment.
Analysts: Bitcoin will break through $100,000 after the US election
Moreover, CoinDesk senior analyst James Van Straten believes that if the price trend of Bitcoin in past election years is any guide, Bitcoin is likely to have a significant growth after the election results are announced, with a possible target of $100,000.
Bitcoin price trend. Source: CoinDesk
Trump’s odds of winning are 58.1%
According to the latest data from the blockchain prediction platform Polymarket, although the market odds of Trump winning experienced a decline last weekend, they have started to rise again in the past two days and are currently at 58.1%, still having a certain advantage compared to Kamala Harris’s 42.1%. However, according to US media poll data, the gap between the two is very small, and whether Polymarket’s prediction is accurate remains to be seen.
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