According to TechFlow, Geoffrey Kendrick, an analyst at Standard Chartered Bank, as the US presidential election approaches, the price of Bitcoin is expected to reach $100,000 by November, and may rise to $150,000 if Trump wins the election.

He believes that if tomorrow's non-farm payrolls are good for Bitcoin prices, a new high could be set over the weekend, with prices expected to reach $80,000 by the end of the year. He also insists that Bitcoin will reach $150,000 by the end of the year and $200,000 by the end of 2025.