Bitcoin Price Predictions if Trump Wins AND Loses US Elections in 2024

We are finally in September, a tradditionally slow month for Bitcoin and crypto market. However, there a few important events even this month that could

With the 2024 US elections heating up, candidates' stances on cryptocurrency are becoming a hot topic. Former President Trump, who is a slight favorite to win the Republican nomination, has made several bold promises regarding cryptocurrencies. He pledged to make the U.S. the “crypto capital of the planet” and the “Bitcoin superpower of the world”. Additionally, he vowed to establish a “strategic bitcoin stockpile” for the United States.

These statements have sparked optimism among some crypto enthusiasts, who believe that Trump's victory would be a boon for Bitcoin and other digital assets. To gauge the potential impact, we decided to ask an AI to provide Bitcoin price predictions for two scenarios: if Trump wins and if he loses.

After factoring in various relevant data points, the AI's model churned out the following predictions. Brace yourself for a wide range of possibilities.

Bitcoin Price Predictions if Trump Wins

Now, let's dive into the reasoning behind these predictions.

In the scenario where Trump emerges victorious, we observe generally higher price predictions. This optimism stems from Trump’s openly pro-cryptocurrency stance and his grand promises for the crypto space. His pledge to make the U.S. a “Bitcoin superpower” and establish a national Bitcoin stockpile could potentially propel institutional adoption and government involvement in the cryptocurrency market to unseen heights.

On the other hand, if Trump loses to Kamala Harris, the predictions take a more conservative turn. This doesn't necessarily mean doom and gloom for Bitcoin, but rather reflects an expectation of regulatory continuity. We might see a more gradual growth trajectory for Bitcoin, in line with current adoption trends and regulatory frameworks.

Interestingly, both scenarios factor in the recent approval of spot Bitcoin ETFs in the United States. Regardless of the election outcome, this is expected to continue driving mainstream adoption of Bitcoin. The ability for traditional investors to gain exposure to Bitcoin through regulated investment vehicles on major stock exchanges is a game-changer.

Another crucial factor in these predictions is the historical trend of Bitcoin price increases following halving events. With the most recent halving occurring in April, we’re approaching the 150-180 day window where Bitcoin has traditionally seen major pumps.

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