We are finally in September, a tradditionally slow month for Bitcoin and crypto market. However, there a few important events even this month that could affect Bitcoin price in both positive and negative way.
One of those is for sure updated on the US elections. Right now, former-president Trump is a slight favorite over Kamala Harris based on Polymarket’s odds.
Trump pledged to make the U.S. the “crypto capital of the planet” and the “Bitcoin superpower of the world”. he also vowed to establish a “strategic bitcoin stockpile” for the United States. These and other statements position Trump as a pro-crypto candidate in tehse elections.
So, you must be wondering, as Bitcoin price dips below $58k – where is BTC price headed if Trump wins? And where’s it headed if he loses?
Source: Polymarket.com/presidential election winner 2024
We decided to ask Claude’s AI to help here with various Bitcoin price forecasts.
Bitcoin Price Predictions if Trump Wins
Pessimistic prediction: By late 2024: $65,000 By end of 2025: $80,000
Realistic prediction: By late 2024: $85,000 By end of 2025: $120,000
Optimistic prediction: By late 2024: $110,000 By end of 2025: $180,000
Bitcoin Price Predictions if Trump Loses:
Pessimistic prediction: By late 2024: $55,000 By end of 2025: $70,000
Realistic prediction: By late 2024: $75,000 By end of 2025: $95,000
Optimistic prediction: By late 2024: $90,000 By end of 2025: $130,000
Understanding the Factors Behind BTC Price Predictions
These price predictions take into account a variety of factors that could influence Bitcoin’s trajectory in the coming years. Let’s break down the key considerations behind these forecasts.
In the scenario where Trump wins, we see generally higher price predictions. This optimism stems from Trump’s openly pro-cryptocurrency stance and his ambitious promises for the crypto space. His pledge to make the U.S. a “Bitcoin superpower” and establish a national Bitcoin stockpile could potentially catalyze unprecedented institutional adoption and government involvement in the cryptocurrency market.
On the flip side, if Trump loses to Kamala Harris, the predictions take a more conservative turn. This doesn’t necessarily spell doom for Bitcoin, but rather reflects an expectation of regulatory continuity. We might see a more gradual growth trajectory for Bitcoin, in line with current adoption trends and regulatory frameworks.
Next Meme Coin to Explode? Look No Further If You Are Looking for the Next PEPE or POPCAT
Meet PandaWorld, the new meme coin currently selling at discounted presale prices! The project was inspired by the adventures of six panda siblings, utilizing their unique abilities to bring together gaming, staking, and other features.
Show more +Show less –
Interestingly, both scenarios factor in the recent approval of spot Bitcoin ETFs in the United States. Regardless of the election outcome, this is expected to continue driving mainstream adoption of Bitcoin. The ability for traditional investors to gain exposure to Bitcoin through regulated investment vehicles on major stock exchanges is a game-changer.
Another crucial factor in these predictions is the historical trend of Bitcoin price increases following halving events. With the most recent halving occurring in April, we’re approaching the 150-180 day window where Bitcoin has traditionally seen major pumps.
Read also: Massive 1,000,000,000 XRP Tokens Unlocked from Escrow by Ripple, But Why?
Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
The post Bitcoin Price Predictions if Trump Wins AND Loses US Elections in 2024 appeared first on CaptainAltcoin.
