👉Recently, Berstein stated that the price of Bitcoin will reach 120,000 USD by the end of 2025, regardless of the outcome of the US election on November 5.
👉However, analysts also warn that the price of BTC in the short term will differ, as Donald Trump is seen as a cryptocurrency-supporting candidate while Kamala Harris has a tough stance on cryptocurrencies. Therefore, this will affect the price in the short term.
👉Additionally, they have also listed the catalysts that could help the price of Bitcoin surge in 2025, including financial irresponsibility in the US, record debt levels, and quantitative easing.
Moreover, the success of the spot Bitcoin ETF and the strong strategies of institutional investors will also accelerate the upcoming bullish trend.
The genie has escaped from the bottle in Bitcoin and it is very difficult to reverse this trend.
Our Bitcoin price target by the end of 2025 remains 200,000 dollars regardless of the election outcome.
💥What will the short-term price of Bitcoin be if Trump or Harris wins the election?
👉Finally, when making short-term price predictions, it will be influenced by the election results. Analysts suggest that Trump's victory could push Bitcoin to a new ATH, potentially reaching between 80,000 and 90,000 USD at the time of the inauguration ceremony on January 20.
👉Conversely, if Kamala Harris wins the presidency, the price of Bitcoin could drop to 50,000 USD on January 20 before the bullish trend begins.
Wishing everyone successful trading 🤝
