Bitcoin’s price movement is boosting investors’ confidence.
Bitwise executive predicts a $92,000 Bitcoin price if Donald Trump becomes president.
Mark Cuban expects Bitcoin to rally, no matter who wins in the upcoming election.
Bitcoin’s price movement is boosting investors’ confidence, with several analysts predicting higher targets for the cryptocurrency should Donald Trump win the upcoming U.S. presidential election. One such analyst is Bitwise executive Jeff Park, who expects a $92,000 target for Bitcoin if Trump wins the November 5 election.
Park maintained the prediction he made since the middle of August when he charted BTC’s price against Trump’s odds via Polymarket. According to the analyst, applying the merger arbitrage-style probability math led him to project a $92,000 Bitcoin target in the event of a Trump victory at the polls.
The Bitwise executive is only one of several top crypto personalities expecting a Trump victory to trigger Bitcoin’s rally. Bitcoin millionaire Eric Finman foresees Bitcoin rising to $100,000 if the election results favor Trump. Finman believes Trump’s policies will ignite the crypto market and fuel mass…
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