🚀 Bitcoin Could Hit $200,000 Regardless of Election, Says Bernstein

📊 Bernstein’s Bitcoin Prediction
Despite the market downturn, Bernstein predicts that if Donald Trump wins the U.S. presidential election, Bitcoin (BTC) could rise to $80,000 to $90,000 by Inauguration Day. If Kamala Harris wins, BTC could drop to $50,000. However, the firm believes BTC remains resilient regardless of the election outcome.

🚀 Long-Term Outlook
Bernstein also predicts Bitcoin could reach $200,000 by 2025, driven by its growing adoption by industry giants and strong demand, making it less susceptible to political events compared to traditional assets.

📈 Bitcoin Technical Analysis
Currently, BTC is trading at $68,600, up 1% in the last 24 hours, with a 42% increase in trading volume. Bitcoin faces a crucial support level at $67,500. If it holds, BTC may rally above $70,000 and potentially reach a new all-time high soon. However, failing to maintain support could trigger a decline.