BTC and elections

Standard Chartered continue to hold their very bullish view on BTC. When it comes to the elections they write: 1. Assuming a Trump victory, options breakevens imply a further price rise of about 4% when the presidential outcome is known, and around 10% in total within a few more days 2. If the Republicans sweep Congress, our year-end target level of USD 125,000 should come into view 3. If Harris wins, we see BTC initially trading lower but still ending 2024 at fresh highs around USD 75,000