Bernstein raises BTC expected price, Trump's victory may push it to $80,000 to $90,000

Golden Finance reported that, according to The Block, investment research firm Bernstein’s latest report predicts that regardless of the outcome of the US election, the price of BTC is expected to reach $200,000 by the end of 2025. Analysts believe that Trump is seen as a pro-cryptocurrency candidate, while Harris may continue the Democratic Party’s tough stance of the past four years. Bernstein analysts predict that if Trump wins, the price of BTC may break through the historical high before the inauguration day (January 20, 2025), reaching $80,000 to $90,000. If Harris wins, BTC may fall to $50,000 during the same period, higher than the previously predicted range of $30,000 to $40,000. The report pointed out that the main driving factors of Bitcoin (BTC) include lax fiscal discipline in the United States, record levels of debt, and monetary expansion, which have increased demand for hard assets. The success of the SpotBTC ETF in the United States has further accelerated this trend.