Bitcoin Price Prediction: Trump Win May Push BTC to $100,000 by Year-End, Harris-Led Administration May Introduce Regulatory Scrutiny, Impacting Bitcoin's Short-Term Growth

Bitcoin's price could see big changes based on whether Donald Trump or Kamala Harris wins today's presidential election.

Crypto analyst Miles Deutscher has shared his thoughts on how the upcoming U.S. presidential election might impact crypto sentiment, particularly regarding Bitcoin's price. Currently valued at around $68,550, BTC has experienced some fluctuations, decreasing from last week's seven-month high of over $73,000.

“Trump win = Instant pump, new ATH this year. Kamala win = Instant dump, new ATH Q1 2025. Either way $BTC goes to $100k , it's just the path that changes,” Deutscher stated on Twitter.

He suggests that a Trump victory could lead to an “instant pump” in Bitcoin's price, potentially pushing it to a new all-time high of around $100,000 by the end of this year.

According to Deutscher, Trump's pro-business policies and possible regulatory relief for crypto might create a more favorable environment for Bitcoin and the broader crypto market. With this, both Bitcoin and altcoins could experience a quicker price surge.

Deutscher expects Trump's approach to provide a stronger foundation for Bitcoin's growth, enabling it to benefit from an overall increase in demand and interest from investors.

On the other hand, if Kamala Harris wins, Bitcoin could face an “instant drop,” followed by a slower, more gradual recovery. He predicts this scenario could delay Bitcoin's rise to a new all-time high until the first quarter of 2025.

A Harris-led administration might introduce more regulatory scrutiny, which could hinder Bitcoin's growth in the short term, as suggested by Deutscher.

However, he remains optimistic about Bitcoin's future, stressing that even under a Harris administration, Bitcoin's path to $100,000 is still likely—though it might take a bit longer to reach this target.

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