Bitcoin Could Hit $92K After Trump Win, Bitwise Exec Jeff Park Predicts

• Jeff Park of Bitwise predicts Bitcoin could surge to $92K if Trump wins, using “merger arb-style probability math.”
• Erik Finman believes Trump’s pro-crypto policies could propel Bitcoin to $100K, emphasizing digital assets in economic discussions.
• Mark Cuban warns that while Trump might spark a short-term Bitcoin rally, inflationary policies could hinder long-term growth.

Bitwise, a crypto asset manager, has made a confident forecast about Bitcoin’s outlook if Donald Trump wins the upcoming U.S. presidential election. The head of alpha strategies at Bitwise, Jeff Park, thinks that Bitcoin’s price could increase to $92,000 in the event of Trump winning the presidency in November.

Trump’s Pro-Crypto Policies Could Fuel Bitcoin Surge to $92,000

Park’s prediction, published on X on Oct. 22, is founded on an extensive examination that considers both Trump’s chances of winning the election and Bitcoin’s price fluctuations on the decentralized betting site Polymarket. He utilized a method known as “merger arb-style probability math” to forecast Bitcoin’s possible surge, indicating that if Trump wins, it could result in a notable uptrend for the digital currency.

Park’s forecast aligns with an increasing group of analysts who anticipate that a Trump win will boost the value of cryptocurrency assets. In an interview with Cointelegraph, Erik Finman, a millionaire thanks to Bitcoin, expressed his belief that Trump’s policies could lead to a surge in the cryptocurrency market, raising Bitcoin’s price to $100,000. Finman pointed out Trump’s support for cryptocurrency, stating that his campaign has emphasized the importance of digital assets in economic talks.

Concerns Over Long-Term Bitcoin Growth Amid Trump’s Economic Policies

The importance of Trump’s policies on the cryptocurrency market should not be underestimated. Trump has vowed to establish the U.S. as the leading hub for cryptocurrencies and has committed to firing current SEC Chair Gary Gensler immediately upon taking office. These suggestions have deeply connected with crypto voters who prioritize only one specific issue.

Nonetheless, some experts are concerned about the long-term impact of a Trump presidency on the Bitcoin industry. Billionaire businessman Mark Cuban, a Kamala Harris supporter, warned that if Trump wins, Bitcoin may have a momentary surge, but it may not last long. Cuban claimed that certain economic measures proposed by Trump, such as import tariffs, may result in inflation that could negatively affect Bitcoin.

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