Bitcoin Price Prediction: Bernstein Analysts Say BTC Will Hit $80,000 If Trump Wins
Bitcoin continues to attract attention, especially with recent developments such as the National Bank of Bahrain (NBB) launching its first Bitcoin investment fund targeting institutional investors in the Middle East.
However, many experts believe that the fate of Bitcoin depends on the upcoming US presidential election. According to a Bitcoin price forecast by Bernstein analysts, if Donald Trump wins the presidency, Bitcoin could rise to $80,000-$90,000 due to his pro-crypto stance.
Currently priced at $60,950, BTC briefly surpassed $66,000 in September before pulling back. With a gain of 11.14% on the monthly chart, Bitcoinâs BTC remains stable near the $60,000 mark, but its future may be determined by the political landscape in 2024.
