TechFlow news, October 9 — According to The Block, Bernstein analysts at the research and brokerage firm reiterated that if Donald Trump wins the U.S. presidential election next month, Bitcoin's price could reach a new high of $80,000 to $90,000. This analysis comes as Polymarket's prediction markets show Trump gaining his largest lead since Kamala Harris accepted the Democratic nomination.
Trump has repositioned himself this year as a pro-crypto candidate, accepting cryptocurrency donations and proposing policies to make the U.S. a "superpower" in Bitcoin mining. Harris has only recently begun voicing her stance on crypto, stating she would encourage growth in the crypto industry while protecting consumers. Bernstein analysts believe that regardless of the election outcome, Bitcoin’s long-term outlook remains positive. In the short term, however, if Trump wins, Bitcoin could surge past $80,000–$90,000; if Harris wins, it might fall into the $40,000 range.
