Lark shared his take on how the U.S. presidential election could shake up the crypto market.
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He believes a Trump win would be more favorable for crypto, possibly pushing Bitcoin up to $80-90K.
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On the other hand, a Harris victory might see Bitcoin dip to around $50K, based on predictions by Bernstein. But here’s the key point: Lark is clear that long term, none of this changes Bitcoin’s path toward $200K by 2025.
He also points out that retail interest is still low while institutional investors are driving this current surge, pension funds, big corporations, and even T-Mobile mining Bitcoin. This is seen in the low number of Google searches for Bitcoin. For Lark, there’s potential for even bigger growth once retail investors jump in.
The bottom line is that short-term election news might sway prices, but Lark’s message is simple: Bitcoin’s long-term growth is on track.
