Donald Trump Victory to Push Bitcoin to $92,000

Crypto asset manager Bitwise’s head of alpha strategies, Jeff Park, has predicted that Bitcoin could soar to $92,000 if Donald Trump wins the U.S. presidency in November. In an Oct. 22 post on X, Park wrote that by charting Bitcoin’s price against Trump’s odds on the decentralized betting platform Polymarket, and using “merger arb-style probability math,” there is a strong chance of Bitcoin surging after a Trump victory. “I project a Trump victory could push BTC to ~$92,000,” Park wrote. Park’s bullish forecast adds to a growing number of analysts and market watchers expecting a Trump win to drive up

Source: CryptoIntelligence