Currently, forecasts for the value of Bitcoin by the end of 2024 vary considerably and are highly dependent on the outcome of the US presidential election. According to some analysts from Standard Chartered and Bernstein, if former President Donald Trump wins, Bitcoin could reach up to $80,000 or even $125,000 due to a greater openness towards cryptocurrencies in that scenario. However, if Vice President Kamala Harris is victorious, it is estimated that Bitcoin could fall to a range of $40,000 to $75,000 as her administration could be less favorable towards the crypto sector.

These forecasts are subject to change due to the volatility of the cryptocurrency market and different political and economic stances that could influence the market in the short and long term.

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