![Standard Chartered predicts Bitcoin surge to 5K with Trump win Standard Chartered predicts Bitcoin surge to 5K with Trump win](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmMwNTEtNmQ3NS03OTQxLWI2YWItNTg0M2Y4MTE3NjE2.jpg)
Standard Chartered predicts Bitcoin surge to $125K with Trump win
A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto.
Bitcoin could be worth $125,000 by the end of the year if members of the Republican Party dominate the United States Congress after the Nov. 5 elections, Standard Chartered Bank analyst Geoff Kendrick has predicted.
As speculation about the US elections and Bitcoin (BTC) prices approaches a frenzy, Kendrick shows himself to be bullish on the Republicans.
Geoff Kendrick’s BTC price analysis. Source: Standard Chartered Bank
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Author: Derek Andersen
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