The ongoing US elections and Bitcoin are synonymous this time, as the topic of cryptocurrency has played a huge role in determining the events of the season.
The presidential campaigns by Trump and Harris were accompanied by some heavy promises, including prioritizing the domain of cryptocurrency in alignment with US economic development.
However, Trump, being at the forefront of this change, has promoted crypto the most, adding more to the domain’s momentum. As the world waits for the US election results, Bitcoin is also in the queue to pump and spark high on the radar.
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Analyst Predicts Bitcoin’s Future Momentum If Trump Wins
The internet is currently divided on the ongoing US elections. While half the world seems to be supporting Trump, several analysts have also made new predictions, speculating on how high Bitcoin may surge if Trump manages to win the current election.
The former president has made significant efforts to promote the cryptocurrency realm globally. The domain has been a significant topic of discussion this election season, with Trump vowing to make America an excellent crypto hub if he becomes the next US president.
Notable analyst Crypto Rover recently took to X to share his situation analysis. The expert shared how Bitcoin may surge as high as $100,000 if Trump wins the ongoing US elections. He later added a timeline based on historical BTC figures, adding how the token has usually surged 50-60 days after the US elections.
#Bitcoin will hit $100,000 within 50–60 days after the U.S. elections. pic.twitter.com/9EyAmtTvih
— Crypto Rover (@rovercrc) November 3, 2024
At the same time, another crypto analyst, Emperor, shared another compelling analysis on X. The expert noted how Bitcoin’s surgent $100K is possible if Trump wins the US elections.
However, Emperor also shared a counteranalysis, adding that Bitcoin will enter a temporary bearish phase if Harris wins, which will later pump to $100K. Nevertheless, the expert believes the token is born to trade in higher realms.
“If Trump wins, we accumulate, range, and pump to 100K. If Harris wins, we dump a little, accumulate, and pump to 100K. Same Path. Different trajectory.”
If Trump wins, we accumulate, range and Pump to 100K.
— Emperor👑 (@EmperorBTC) November 3, 2024
If Harris wins, we Dump a little, Accumulate and Pump to 100K.
Same Path. Different trajectory.
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The Token’s Price Forecast for November
Despite the recent price prediction, the technical analytical platform tells a different story. Per CoinCodex, BTC may hit $91K by November’s end, rising 33%.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 33.55% and reach $91,648 by December 4, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 69 (greed). Bitcoin recorded 14/30 (47%) green days with 4.81% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”
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