The future of Bitcoin has sparked widespread discussion during the U.S. presidential election, with market expectations and reactions varying depending on whether Trump or Harris wins. Traders show strong divergence in their predictions for Bitcoin's price movement. #eth3221

Scenario of Trump's Victory

If Trump wins, many analysts predict that Bitcoin will surge significantly. For instance, PlanB expects that as Trump's policies become more favorable, Bitcoin could reach $100,000 by the end of the year, and even surpass $200,000 by early 2025. Trump's victory could lead to a loosening of cryptocurrency policies, attracting more funds into the market.

Alex Krüger shares a similar view, believing that Bitcoin could reach $90,000 by the end of the year, while analysts at Standard Chartered predict an even bolder estimate of $125,000. These expectations are based on the restoration of market confidence and the relaxation of cryptocurrency regulatory policies.

Scenario of Harris's Victory

In contrast, if Harris wins, the market reaction appears more cautious. Krüger predicts that Bitcoin could decline to $65,000, partly due to the Harris administration potentially continuing the regulatory policies on cryptocurrencies. Additionally, many analysts hold a pessimistic view regarding the market's response under Harris, believing it will increase pressure on the crypto market.

PlanB takes a more pessimistic stance in his analysis, suggesting that Harris's victory could represent "the end of Western civilization," intensifying regulation on cryptocurrencies and putting pressure on Bitcoin's price.

Short-term and Long-term Perspectives

For short-term trading, analysts like The Giver believe that Bitcoin may face selling pressure after the election, recommending that investors adopt flexible strategies once the election results are clear. Markus proposes a hedging strategy, suggesting going long on Bitcoin if Trump wins while shorting altcoins that are more affected, like Solana.

Although regardless of who wins, the market is focused on Bitcoin's role as a hedge against inflation and uncertainty, analysts have differing views on the specific price movements and volatility levels. The impact of the election results will be complex, potentially triggering sharp fluctuations in the short term, but in the long run, Bitcoin's scarcity remains an important support for its price. #美国大选后涨或跌？ #比特币矿工收入飙升