Bernstein announced goals for Bitcoin after the elections

If Donald Trump is elected President of the United States, the first cryptocurrency will pass ATH and will reach $80,000-90,000, while the Kamala Harris victory could lead to a drop to $50,000 The Block.

If there is a good result for Bitcoin, the asset will be approaching the specified target before the Start Day on January 20, 2025, experts noted.

There is already a similar idea in the company express in September, but the Harris victory suggested a worse drawdown – up to $30,000-40,000.

“The Bitcoin giant is out of the bottle and it is difficult to reverse the process. Our target price for the first digital currency at the end of 2025 remains at $200,000, regardless of election results,” said Bernstein.

The victory of any of the participants in the presidential race has not yet been affected in the price of digital gold. With both candidates touting their chances of victory at Polymarket over the weekend, analysts warned of short-term volatility in either direction depending on who enters the Oval Office .

At the time of writing, the ratio on the prediction platform is between 60% and 40% in favor of Trump.

Data: Polymarket.

“For those who accept it Polymarket data handling for Trump’s sake: there was plenty of evidence over the weekend that the market behaves just like any public market, and that traders are easily caught off guard by additional polling data,” said Bernstein .

To recap, options traders send to update the NEXT in Bitcoin until the end of November and more volatility after the US elections.

Previously at Tyr Capital and Bitget Research warning about the price adjustment increase after the results of the presidential race are announced. Similar idea presented № Standard Chartered.

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