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Langgam Pos - In a recent discussion among cryptocurrency industry experts, the potential performance of Bitcoin by the end of the year became a focal point. With the U.S. presidential election approaching, these experts highlighted how political outcomes could significantly impact Bitcoin’s trajectory in the coming months.
According to Yahoo Finance on Wednesday, August 28, 2024, Jon Najarian, the founder of Market Rebellion, predicted that Bitcoin prices could soar to USD 85,000, equivalent to approximately IDR 1.3 billion (assuming an exchange rate of IDR 15,633 per USD).
Najarian emphasized the role of the political climate, particularly the potential impact of a Trump victory, as a significant factor that could drive Bitcoin's value higher. He pointed out the stark differences between the candidates regarding their stance on Bitcoin, noting that a pro-Bitcoin Trump presidency could have a substantial influence on the market.
Similarly, David Gokhshtein, the founder of Gokhshtein Media, agreed with Najarian's views, predicting that Bitcoin could rise between USD 80,000 and USD 85,000, with a lower bound of USD 70,000. Gokhshtein also stressed the influence of Donald Trump's stance, asserting that the former president's optimistic and unfiltered approach to cryptocurrency could serve as a major catalyst for Bitcoin.
He highlighted that Trump's support for Bitcoin, free from external influence, could play a crucial role in shaping market sentiment.
Both experts noted that, to date, Kamala Harris has not clearly articulated her formal policy position. However, pro-crypto Democrats suggest she may announce pro-crypto changes as the election nears.
As the year progresses, the intersection of Bitcoin and politics will be closely monitored, with many anticipating a significant rally in the digital currency despite the unpredictable landscape ahead.
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