{"id":902,"date":"2024-10-09T14:50:54","date_gmt":"2024-10-09T14:50:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=902"},"modified":"2024-10-09T14:50:54","modified_gmt":"2024-10-09T14:50:54","slug":"bitcoin-to-surpass-80k-if-trump-wins-but-could-tank-to-40k-in-case-of-harris-victory-analysts","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=902","title":{"rendered":"Bitcoin To Surpass $80K If Trump Wins But Could Tank To $40K In Case Of Harris Victory: Analysts"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) could reach $80,000 to $90,000 if Republican nominee <strong>Donald Trump<\/strong> wins the U.S. presidential election in November, according to Bernstein analysts.<\/p>\n<p><strong>What Happened<\/strong>: Amid a widening divergence in Trump\u2019s favor on the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41214859\/this-polymarket-trader-holds-6-4-million-in-donald-trump-election-bets-if-not-musk-definit\">prediction market Polymarket<\/a>, Bernstein analysts, Gautam Chhugani, Mahika Sapra and Sanskar Chindalia, stated in a note to clients on Wednesday that \u201cA Trump win would be incrementally positive for bitcoin and crypto markets.\u201d<\/p>\n<p>As <a href=\"https:\/\/www.theblock.co\/post\/320207\/donald-trump-polymarket-divergence-bitcoin\">reported<\/a> by The Block, Bitcoin could touch a new high of \u201c$80K to $90K,\u201d the analysts said. The previous record was $74,000.<\/p>\n<p>Conversely, if Vice President <strong>Kamala Harris<\/strong> wins, the analysts suggest Bitcoin could \u201ctest a new low in the $40Ks range.\u201d<\/p>\n<p>They maintain a <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40778409\/donald-trump-winning-the-election-could-propel-bitcoin-to-90k-but-a-kamala-harris-win-coul\">positive long-term outlook<\/a> for Bitcoin regardless of the election outcome, citing factors such as low interest rates, continued U.S. fiscal deficits and <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/10\/41164206\/elon-musk-says-america-headed-for-bankruptcy-as-national-debt-skyrockets-204b-in-\">high debt levels<\/a>.<\/p>\n<figure ...>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41252603\/bitcoin-to-surpass-80k-if-trump-wins-but-could-tank-to-40k-in-case-of-harris-victory-analy\" alt=\"Bitcoin\" to surpass if trump wins but could tank in case of harris victory: analysts>Full story available on Benzinga.com<\/a><\/p>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) could reach $80,000 to $90,000 if Republican nominee Donald Trump wins the U.S. presidential election in November, according to Bernstein analysts. What Happened: Amid a widening divergence in Trump\u2019s favor on the prediction market Polymarket, Bernstein analysts, Gautam Chhugani, Mahika Sapra and Sanskar Chindalia, stated in a note to clients on Wednesday [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-902","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=902"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/902\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}