In a powerful note, Bernstein analysts predict a historic surge in Bitcoin $BTC to $90,000 if Trump wins, but a pullback to $50,000 if Kamala Harris wins. These predictions underscore the major impact the presidential election could have on the crypto market. Bitcoin $BTC , poised to become a safe haven even in times of political turmoil, remains robust.
Bernstein remains confident: regardless of the election outcome, they believe Bitcoin could reach $200,000 by the end of 2025.
Meanwhile, recent Bitcoin ETFs $BTC have attracted over $24 billion in capital, despite some fluctuations. With Trump and Harris adopting pro-crypto stances, the market seems poised for new opportunities post-election.