📌 Analysts at #Bernstein believe that the current flat price of Bitcoin is advantageous for public miners

#Opinion KickEX:

It's a typical situation where large market participants eliminate competitors by absorbing groups of smaller participants.

Bitcoin's blockchain is a flexible and well-thought-out self-regulating system where rewards are redistributed among all participants. Considering that the reward for mined blocks decreased after the halving, many small miners find it difficult to continue their activities at the new reward level.

Large miners have a large reserve of resources to comfortably navigate this stage. However, small miners are forced to sell their #BTC to cover expenses, but often this is not enough.

Hence, pressure on the BTC price arises.

#Opinion

🪙 Analysts from #Bernstein are predicting Bitcoin's value depending on the outcome of the presidential election:

📈 If Donald Trump wins, #Bitcoin could reach $90,000.

📉 If Kamala Harris wins, the price of digital gold could drop to $30,000–$40,000.

At #Ripple, it seems they believe that if Harris wins, #XRP will go against the market trend 🤓

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🔼 Trump's chances of winning have risen to 60%

According to betting platforms, the Republican candidate is ahead of Kamala Harris by 20.2%, and the total open positions on his victory have increased to $2 billion.

Recently, #DonaldTrump has been receiving active support on Twitter, including from potential future trillionaire #ElonMusk. Meanwhile, more "exposing news" is emerging about #KamalaHarris, which is inevitably affecting her ratings.

🪙 At #Bernstein, the rise in #BTC is being linked to the increasing chances of Trump's victory.

#CryptoNews

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🪙 #Bernstein has published the "Black Book of Bitcoin"

The 160-page document contains reports on the structure of #BTC and its potential as an investment tool. According to analysts, institutional investors are increasingly less concerned with Bitcoin’s volatility and are waiting for decisive regulatory steps from governments, particularly the U.S., to significantly increase their investments in cryptocurrency.

📈 The authors also forecast that #Bitcoin will reach $200,000 by the end of next year, a prediction that aligns with most views within the industry.

#Opinion

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