As the anticipation of Donald Trump continues on the Bitcoin and cryptocurrency front, one economist claimed that Bitcoin may never fall below $60,000 again.
While Trump’s possible victory is expected to trigger a rise in BTC and altcoins, popular economist Alex Krüger made a bold prediction for BTC in his post from his x account.
Krüger claimed that Bitcoin could settle above the psychological level of $60,000 and not fall below that level again.
“Bitcoin has a 50% chance of never falling below $60,000 again.”
50% probability of Bitcoin never trading below 60K again
— Alex Krüger (@krugermacro) November 5, 2024
Apart from this, Bitfinex analysts also stated that increased volatility after the election could cause Bitcoin to reach all-time highs, while options market data and Trump’s possible victory could push Bitcoin to $80,000 before the end of 2024.
Finally, Blockstream co-founder and CEO Adam Back also predicts that Bitcoin’s bottom price could be above $40,000.
*This is not investment advice.
