Trump Or Harris: Bitcoin Will Surpass $100,000 No Matter What!
Crypto experts predict that Bitcoin could reach heights of over $100,000 regardless of the outcome of the 2024 US presidential election. According to a report, this prediction is based on global fiscal and monetary conditions rather than US politics.
USA: Bitcoin at $100,000 after the presidential election, no matter the winner!
Steven Lubka, head of private clients at Swan Bitcoin, believes that BTC will likely reach six figures by 2025, regardless of whether it is under the presidency of Donald Trump or Kamala Harris. He emphasizes that Bitcoin’s growth is more influenced by global economic conditions than American political leadership.
James Davies, co-founder of Crypto Valley Exchange, shares this view. He notes that while American crypto startups may face difficulties under a Harris presidency, the growing institutional presence of Bitcoin, especially with the rise of Bitcoin ETFs, will allow the cryptocurrency to thrive in the long term. Davies adds that BTC is a global commodity and that the market does not react negatively to partisan events in the United States.
Stricter crypto regulation under Kamala Harris could hinder BTC?
Bernstein analysts predict that Bitcoin could reach around $90,000 if Trump is re-elected, while a Harris victory could lead to a temporary drop to $40,000. However, Lubka insists that short-term movements should not affect Bitcoin’s mid-term prospects.
Although Vice President Harris has yet to reveal her stance on cryptocurrencies, some investors fear she might adopt a more aggressive regulatory approach, similar to that of Senator Elizabeth Warren and SEC Chair Gary Gensler. However, Bitcoin has historically performed well despite strict regulatory oversight.
Although the US presidential election in 2024 could lead to short-term fluctuations in the BTC price, experts remain optimistic about its long-term prospects. Bitcoin’s growth appears to be more influenced by global economic conditions than by election results, indicating a promising future for this crypto.
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Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.