Standard Chartered Bank Analyst: If Trump wins the election, Bitcoin will rise to $125,000 by the end of the year

According to reports, Standard Chartered Bank analyst Geoff Kendrick predicts that if Trump can win the election, the value of Bitcoin could reach $125,000 by the end of this year.

Kendrick estimates that on November 5th (Election Day), BTC will be around $73,000. If former Republican President Donald Trump wins the election, based on options information, Kendrick believes BTC will rise about 4% when results are announced and will increase another 10% in the following days.

Kendrick stated that if current Vice President Kamala Harris is elected president, Bitcoin prices will fall for a while but should also reach around $75,000 by year-end.