Bitcoin’s price may rise to $100,000, and the upcoming U.S. presidential election could play a role. Analysts believe that regardless of who wins, Bitcoin could reach this price milestone. However, a Trump victory could boost its momentum faster in the short term. Bitcoin’s price tends to rise after elections, and analysts believe this trend will continue this year.
However, Trump’s victory could lead to a more favorable regulatory environment for Bitcoin, while a Kamala Harris win could temporarily push down the asset’s price due to a more cautious stance toward crypto regulation. Overall, experts believe that elections may influence Bitcoin’s short-term reactions, but they rarely affect its long-term growth.
