Standard Chartered analyst: If Trump wins, Bitcoin will rise to $125,000 by the end of the year

ChainCatcher news, according to Cointelegraph, Standard Chartered analyst Geoff Kendrick predicts that if Trump wins the election, the value of Bitcoin could reach $125,000 by the end of this year.

Kendrick expects that on November 5 (Election Day), BTC will be around $73,000. If former Republican President Donald Trump wins, Kendrick believes that BTC will rise by about 4% at the time the results are announced, and will increase another 10% in the following days.

Kendrick stated that if current Vice President Kamala Harris is elected president, the price of Bitcoin will decline for a period of time, but will also reach around $75,000 by the end of the year.