Analysts at asset management firm Bernstein believe that the price of Bitcoin will rise to $200,000 by the end of 2025, regardless of who emerges victorious from the US elections.

“The genie is out of the bottle now”

Analysts stated that the US’s debt, which has reached $36 trillion and is constantly increasing, and the monetary expansion policy have increased the demand for assets with limited supply, and used the following statements:

“The genie of Bitcoin is out of the bottle now. It is difficult to turn back from this path. Our Bitcoin price forecast by the end of 2025 is $200,000, regardless of the presidential elections.”

50,000 in Kamala’s victory…

According to Bernstein analysts, the victories of both candidates have not yet been priced in the crypto world. While analysts predict that Bitcoin will rise to $80,000 to $90,000 in the short term in the event of Trump’s victory, they stated that the price could drop to $50,000 in the short term in the event of Kamala Harris’ victory.

The same analysts had written in their summer predictions that they expected the price to drop to $40,000 in the event of a Kamala Harris victory. In other words, the bottom level here has now risen to $50,000.

“It could benefit Ethereum”

Experts also stated that the harsh regulatory environment that will emerge in the event of a Harris victory could also benefit Ethereum:

“Ethereum spot ETFs may be the last approved spot crypto ETFs in the harsh regulatory environment under the Harris administration. However, if a more positive SEC under the Harris administration creates a more constructive crypto world, this could pave the way for many new opportunities.”

As is known, there are many business people among the Democrats who support crypto. This group, led by Mark Cuban, is known for their opposition to Gary Gensler and their complaints about Gensler to people in the Harris administration.