Economist Alex Krüger Unveils Election Prediction for Bitcoin, Says BTC Could ‘Shoot Straight Up’ – Here’s Why

Financial expert Alex Krüger is sharing his predictions for Bitcoin (BTC) during the US election night, suggesting that a significant move could be on the horizon for crypto markets.

The analyst informs his 185,000 followers on the social media platform X that if Trump emerges victorious on election night, Bitcoin could experience a rapid surge immediately after.

If Kamala Harris wins, Krüger believes that Bitcoin may see a temporary correction before resuming an upward trajectory.

“Here’s a simple election scenario for Bitcoin:

Trump win: BTC at $90,000 by year-end, with a 55% probability.

Harris win: BTC at $65,000 by year-end, with a 45% probability.

Weighted average: $79,000.

Expect a swift reaction if Trump wins. Markets tend to react quickly to binary events that are not already priced in…

Trump win: immediate surge.

Harris win: initial dip followed by an upward movement.

The timing is crucial if using leverage or making significant investments.”

The economist indicates that in the event of a Trump victory, his primary strategy will involve going long on Solana (SOL), Ethereum’s main competitor.

“This is my market approach. While many may disagree, that’s the beauty of the market. I will enter election night with a long position in Bitcoin (and Nvidia) without leverage. If Trump wins, my focus will be on going long on SOL.”

Currently, SOL is priced at $165.

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Image Source: Midjourney