Standard Chartered: Bitcoin could rise to around $200,000 if Trump is re-elected

If Republican candidate Donald Trump, who has shown a favorable attitude toward the cryptocurrency industry, wins the upcoming US presidential election in November, Bitcoin is expected to grow by about 200 billion by the end of the year.
The British bank Standard Chartered
Jeffrey Kendrick, head of crypto-asset research at Geof
"We expect Bitcoin to rise to at least $100,000 (approximately 14 million yen) before the US presidential election in November," said Kendrick, a former senior vice president at the time. "If President Trump wins this election,
If he wins, Bitcoin could rise to $150,000 (about 20 million yen)," he said. He then went on to say, "Looking at the Bitcoin halving patterns of 2016 and 2020,
"If we look at the data, we can see that Bitcoin rose significantly after the US presidential election," he said. "Both halvings reached their cycle highs one year after the US presidential election."