Trump Presidency Could Push Bitcoin to $125K, Harris to $75K? ๐
Standard Charteredโs analyst Geoff Kendrick predicts big moves for Bitcoin no matter who wins the 2024 U.S. election. According to Kendrick, Bitcoin could soar to $125K with Trump, or $75K under Harris. The analyst noted that Bitcoinโs future remains strong, with "positive drivers dominating regardless of the election outcome." ๐ฐ
Trumpโs changing views on crypto could play a key role, as he now envisions the U.S. as the global โcrypto capitalโ if re-elected. On the other hand, Harris may face some challenges due to her connections to the Biden administration, but sheโs still seen as potentially more crypto-friendly than Biden.
Kendrick also pointed out that any regulatory progress will continue pushing Bitcoin higher. So, whether youโre Team Trump or Team Harris, Bitcoin is looking at a bright future! ๐
