Bitcoin and the US Presidential Election: Bernstein Analysts Predict

Analysts at the research company Bernstein predict that the results of the US presidential election will have a significant impact on the Bitcoin rate. According to experts, a victory by Kamala Harris will lead to a drop in the BTC value to $50,000 (minus 28% from the current level), while a victory by Donald Trump could increase the Bitcoin price to $80,000 (plus 17%).

However, Bernstein analysts believe that any drop after a possible victory by Harris will be short-term, and a bullish trend should be expected in the future. In the long term, they are confident that Bitcoin can reach $200,000 by the end of 2025, regardless of who wins the election.

Thus, traders should prepare for a possible drop in the Bitcoin rate in the event of a victory by Harris, but it is also possible that this could be an opportunity to buy cryptocurrency at low prices, with a subsequent increase in its value in the future. $BTC $ETH