Bitcoin's Election Day Rollercoaster: Analysts Predict Wild Swings
TL;DR Summary
Bernstein analysts predict Bitcoin's price could reach $80,000 to $90,000 if Trump wins the U.S. election, but may drop to $50,000 if Kamala Harris prevails. Despite potential short-term volatility, they expect Bitcoin to hit $200,000 by 2025, regardless of the election outcome. Trump's pro-crypto stance and push for American Bitcoin production could boost the mining sector, while U.S. Bitcoin ETFs have already attracted significant institutional investment.
- Bitcoin Hits $90K With Trump Win—But Falls to $50K If Harris Prevails: Bernstein Decrypt
- Here’s Where Analysts Expect Bitcoin Prices Will Head Under Harris And Trump Forbes
- Bitcoin On Election Day: What The Pros Say To Expect Investor's Business Daily
- Why cryptocurrency owners could impact the U.S. presidential election CBS News
- Bitcoin Traders Brace for Fierce Price Swings as Clock Ticks to US Vote Bloomberg
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