Odaily Planet Daily reported that Geoff Kendrick, head of foreign exchange and digital asset research at Standard Chartered Bank, said in his latest analysis report that regardless of the outcome of the US presidential election, the price of Bitcoin is expected to hit a new all-time high by the end of 2024. Kendrick predicts that if Trump wins, Bitcoin may reach $125,000; if Harris is elected, the price may reach $75,000. Kendrick emphasized that compared with market expectations, the US election has less impact on the future trend of Bitcoin. He pointed out that positive changes in the regulatory environment are one of the key factors driving the growth of Bitcoin prices. Regardless of who enters the White House, the process of relaxing digital asset regulation (especially the revocation of SAB 121) is expected to continue in 2025. In addition, Kendrick also mentioned that the development of the US Treasury market has provided a positive for the long-term trend of Bitcoin. He expects a seasonal rebound in the inflow of funds to the spot Bitcoin ETF in October.