Wall Street investment bank Bernstein has reiterated that although a Trump victory would be more favorable for Bitcoin, regardless of the outcome of the election, Bitcoin is expected to reach $200,000 by the end of 2025.
(Preface:
Will Bitcoin reach new heights after the U.S. election? How to maximize profits in a volatile market)
(Background supplement:
Bitcoin drops to $60,000! Bernstein: If Kamala Harris wins, BTC may retest the $40,000 support level)
Table of Contents
Bernstein: Regardless of the Election Outcome, Bitcoin Will Break Through $200,000 by the End of 2025
If Trump Wins, Bitcoin Could Rise to $90,000 by January Next Year
Analysts: Bitcoin Will Break Through $100,000 After the U.S. Election
Trump’s Winning Odds Reach 58.1%
The highly anticipated U.S. presidential election, which will start counting votes on November 6, Taiwan time, has caught the attention of investors in the cryptocurrency market due to the different policies on cryptocurrency regulation that may be brought by Republican candidate Trump and Democratic candidate Kamala Harris.
Bernstein: Regardless of the Election Outcome, Bitcoin Will Break Through $200,000 by the End of 2025
In the final decisive stage of the U.S. election, top Wall Street investment bank Bernstein once again emphasized that although a Trump victory is clearly more favorable for cryptocurrencies, regardless of the final result, Bitcoin is expected to break through $200,000 by the end of 2025:
If Trump Wins, Bitcoin Could Rise to $90,000 by January Next Year
Furthermore, Bernstein added that if Trump ultimately wins, Bitcoin is expected to break through $74,000 before the inauguration day on January 20 next year, and could quickly rise to between $80,000 and $90,000.
However, if Kamala Harris wins, Bitcoin’s performance during the same period may suffer a significant setback, possibly falling to as low as $50,000, and would only gradually recover after a long period of adjustment.
Analysts: Bitcoin Will Break Through $100,000 After the U.S. Election
Additionally, CoinDesk senior analyst James Van Straten believes that based on historical election year Bitcoin price movements, Bitcoin is likely to experience a significant growth after the election results are announced, possibly reaching $100,000:
Bitcoin price trend. Source: CoinDesk
Trump’s Winning Odds Reach 58.1%
According to the latest data from blockchain prediction platform Polymarket, although the market’s bets on Trump winning experienced a drop last weekend, they have started to rebound in the past two days, currently at 58.1%, still maintaining a certain advantage over Kamala Harris’s 42.1%. However, according to U.S. media poll data, the gap between the two is very small, and whether Polymarket’s prediction is accurate remains to be seen over time.
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