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Bitcoin could triple in value amid US elections
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Bitcoin could triple in value amid US elections

The leading cryptocurrency is set for an unprecedented surge. Zak Bradford, CEO of CleanSpark, a company that develops software and renewable energy projects, believes that Bitcoin could skyrocket to $200,000 within the next 18 months.
By early 2026, the price of the main digital currency might triple compared to current levels, according to Zak Bradford. "Based on my current analysis, I believe we could see bitcoin peak just under $200,000 sometime in the next 18 months," the CleanSpark CEO said. Bradford attributes this massive potential increase to BTC’s strong growth potential, which he believes will continue in the long term.
According to the analyst, the upcoming US presidential elections will affect the price of Bitcoin regardless of which candidate wins. It is not the new president that matters for the cryptocurrency, but rather the reduction of current uncertainty, which has been weighing it down. It is worth noting that after the attempted assassination of Donald Trump in July, the cryptocurrency jumped by almost 4%.
Earlier, it was reported that since the beginning of September, Bitcoin had gained 12.3%. Against this backdrop, the anticipated surge in the main cryptocurrency could be the most significant since its launch in 2009.
Published 04 October 2024
© InstaFintech Group
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