Bitcoin Price Predictions if Trump Wins AND Loses US Elections in 2024

2024-9-1 10:30

We are finally in September, a tradditionally slow month for Bitcoin and crypto market. However, there a few important events even this month that could affect Bitcoin price in both positive and negative way.

One of those is for sure updated on the US elections. Right now, former-president Trump is a slight favorite over Kamala Harris based on Polymarket’s odds.

Trump pledged to make the U.S. the “crypto capital of the planet” and the “Bitcoin superpower of the world”. he also vowed to establish a “strategic bitcoin stockpile” for the United States. These and other statements position Trump as a pro-crypto candidate in tehse elections.

So, you must be wondering, as Bitcoin price dips below $58k – where is BTC price headed if Trump wins? And where’s it headed if he loses?

Source: Polymarket.com/presidential election winner 2024

We decided to ask Claude’s AI to help here with various Bitcoin price forecasts.

Bitcoin Price Predictions if Trump Wins Pessimistic prediction: By late 2024: $65,000 By end of 2025: $80,000 Realistic prediction: By late 2024: $85,000 By end of 2025: $120,000 Optimistic prediction: By late 2024: $110,000 By end of 2025: $180,000 Bitcoin Price Predictions if Trump Loses: Pessimistic prediction: By late 2024: $55,000 By end of 2025: $70,000 Realistic prediction: By late 2024: $75,000 By end of 2025: $95,000 Optimistic prediction: By late 2024: $90,000 By end of 2025: $130,000 Understanding the Factors Behind BTC Price Predictions

These price predictions take into account a variety of factors that could influence Bitcoin’s trajectory in the coming years. Let’s break down the key considerations behind these forecasts.

In the scenario where Trump wins, we see generally higher price predictions. This optimism stems from Trump’s openly pro-cryptocurrency stance and his ambitious promises for the crypto space. His pledge to make the U.S. a “Bitcoin superpower” and establish a national Bitcoin stockpile could potentially catalyze unprecedented institutional adoption and government involvement in the cryptocurrency market.

On the flip side, if Trump loses to Kamala Harris, the predictions take a more conservative turn. This doesn’t necessarily spell doom for Bitcoin, but rather reflects an expectation of regulatory continuity. We might see a more gradual growth trajectory for Bitcoin, in line with current adoption trends and regulatory frameworks.

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Interestingly, both scenarios factor in the recent approval of spot Bitcoin ETFs in the United States. Regardless of the election outcome, this is expected to continue driving mainstream adoption of Bitcoin. The ability for traditional investors to gain exposure to Bitcoin through regulated investment vehicles on major stock exchanges is a game-changer.

Another crucial factor in these predictions is the historical trend of Bitcoin price increases following halving events. With the most recent halving occurring in April, we’re approaching the 150-180 day window where Bitcoin has traditionally seen major pumps.

Read also: Massive 1,000,000,000 XRP Tokens Unlocked from Escrow by Ripple, But Why?

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The post Bitcoin Price Predictions if Trump Wins AND Loses US Elections in 2024 appeared first on CaptainAltcoin.

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Источник: captainaltcoin.com

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