Bitcoin Could Hit $92,000 If Trump Wins, Analysts Claim
Predictions for Bitcoin’s price are heating up, especially from Bitwise’s head of alpha strategies, who believes it could rise to about $92,000 if Donald Trump wins the presidency.
In an October 22 post on X, Jeff Park analyzed Bitcoin’s price in relation to Trump’s odds on Polymarket, applying probability math to forecast a surge post-election.
Park’s bullish stance aligns with other analysts, including Bitcoin millionaire Erik Finman, who claims Trump’s win could push Bitcoin to $100,000 due to pro-crypto policies.
READ MORE: Bitcoin Set to Surge to $200K by 2025, According to Bernstein
Trump’s campaign has positioned him as a champion for crypto, promising to make the U.S. the “crypto capital of the world” and to fire SEC Chair Gary Gensler on his first day.
However, skepticism remains, particularly from billionaire Mark Cuban, who cautioned that any price spike might be short-lived, citing concerns about Trump’s inflationary economic policies.
While Harris currently leads Trump by 1.8% in national polls, Trump holds an 18.8% lead on Polymarket betting markets.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
