bullish

Bitcoin

Impact

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Bernstein forecasts Bitcoin’s price to reach $50K with a Harris win and $90K if Trump wins the U.S. elections.</li> 
 <li>Bitcoin has historically shown positive growth following past elections.</li> 
</ul>  
<p>The U.S. elections could significantly impact the short-term price of <a href="https://coineagle.com/price/bitcoin/">Bitcoin (BTC)</a>.</p> 
<p>The latest projections from Bernstein suggest that a Harris win could lead to a BTC price of $50K, while a Trump victory could push it between $80K-$90K.</p> 
<h2 id="factors-influencing-btc-s-election-price-targets">Factors Influencing BTC’s Election Price Targets</h2> 
<p>Bernstein cites Harris’s relatively hawkish stance as a reason for the $50K BTC price target. However, if Trump wins, BTC could potentially reach a new all-time high due to his pro-crypto stance.</p> 
<p>These predictions are supported by blockchain insights firm Amberdata and asset manager Bitwise, albeit with slightly different targets. Amberdata analysts predict a $6K-$8K price swing depending on the election outcome.</p> 
<p>According to a report by Amberdata, major price levels could be $60K with a Kamala win or $75K/$77K with a Trump win. This aligns with recent actions by hedge funds preparing for potential bullish outcomes and possible BTC price volatility.</p> 
<p>Bitwise analysts found that based on BTC’s sensitivity to Trump’s odds on Polymarket, BTC could surge 10% if Trump wins or drop nearly 10% if Harris wins.</p> 
<h2 id="long-term-impact-of-elections-on-btc">Long-term Impact of Elections on BTC</h2> 
<p>While the short-term impact of the U.S. elections on BTC is significant, the long-term impact has historically been positive. Bernstein projects a BTC price of $200K by 2025.</p> 
<p>Maria Carola, CEO of crypto exchange StealthEX, noted that after each election, there has been impressive growth. However, she warned that short-term volatility could increase if the election results are contested.</p>

Predicted Bitcoin Surge: $50K with a Harris Triumph, $90K if Trump Prevails – Analysts Weigh In

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CoinEagle.com

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