CandleFocus ? Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein
2024-09-09
Author: Content Editor
A research report by broker Bernstein suggests that if Donald Trump wins the U.S. election in November, Bitcoin (BTC) could reach new highs and hit $90,000 by the fourth quarter of this year. The report states that Trump has shown support for cryptocurrencies and has called for the U.S. to be a "bitcoin and crypto capital." On the other hand, if Kamala Harris wins the election, Bitcoin is expected to face a decline, potentially testing the $30,000-$40,000 range. The report highlights that Harris has not mentioned cryptocurrencies in any of her speeches. The analysts also note that positive regulatory policies can spur innovation and bring users back to financial products on the blockchain.
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