BTC Price Prediction: $100k Before US Election, $150k If Trump Wins
CryptoNewsTerminal Staff01 Sep, 2024
BTC Price Prediction: $100k Before US Election, $150k If Trump Wins
Standard Chartered Bank's Geoffrey Kendrick predicts Bitcoin (BTC) could reach $100,000 before the US presidential election in November. If former President Donald Trump wins, BTC might even hit $150,000. Kendrick's prediction aligns with historical patterns following BTC halvings, which occur every four years. In 2016 and 2020, BTC experienced significant price increases about a year after US presidential elections. While this analysis provides valuable insights, it's crucial to remember that crypto markets are volatile, and predictions may not always materialize.
