Some analysts from firms such as Standard Chartered and Bernstein have speculated that the value of Bitcoin (BTC) could significantly depend on the results of the US presidential election in 2024. In the scenario of a Donald Trump victory, they estimate that BTC could reach up to $80,000 or even $125,000. This is based on the perception that a Trump or Republican administration would be more favorable towards the crypto sector, with looser regulations and an economic approach that would boost the adoption of digital assets. On the other hand, if Kamala Harris wins the election, the same analysts suggest that the price of Bitcoin could fall, settling between $40,000 and $75,000, due to possible stricter policies towards cryptocurrencies, which could impose more rigorous controls and limitations on the sector.
However, it is important to remember that these forecasts are just speculations and are far from certain. The cryptocurrency market is extremely volatile and sensitive to multiple external factors, not just political decisions. While the presidential election has the potential to influence the market, the price of Bitcoin is also subject to change due to other factors such as global regulations, technological adoption, and central bank decisions.
In short, while some analysts foresee a significant increase in the price of BTC if Trump wins, and a possible drop if Harris does, these are only hypothetical scenarios. Investing in cryptocurrencies always involves risks, and it is essential to understand market volatility before making financial decisions.