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Donald Trump Victory Could Propel Bitcoin To $92,000, Predicts Bitwise’s Head Of Strategy

Posted On October 23, 2024

Jeff Park, Head of Alpha Strategies at Bitwise, has projected that Bitcoin (CRYPTO: BTC) could skyrocket to $92,000 in the event of a Donald Trump election victory.

What Happened: In a post on X on Tuesday, Park used a merger arbitrage-style probability model, tying Bitcoin’s price fluctuations to Trump’s election odds to calculate that if Trump wins, Bitcoin’s price could hit approximately $92,000.

Full story available on Benzinga.com

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