If one thing is certain, it's that election uncertainty is expected to make short-term price calls extremely tricky.

Trying to answer the question of what it could mean for Bitcoin price action recently brought together John Divine, Head of OTC Trading at BlockFills, and Wendy O, Host of CryptoWendyO. Both offered their perspectives on how politics could shape Bitcoin’s future but had differing views on its year-end price target.

“I still think $120,000 is very much in play here,” Divine stated, holding onto his optimistic prediction despite acknowledging the uncertainty surrounding it. He also added, “If Donald Trump becomes president again, then I think Bitcoin builds a massive rally into the end of the year.”

That would echo what Fundstrat's Sean Farrell recently told Coinage, in reiterating his call for Bitcoin to top $115,000 by year-end.

Wendy O was more cautious, saying, “I don’t necessarily know if we will see $120,000 to $150,000 at the end of the year.” While she acknowledged the potential impact of the election, Wendy pointed out the influence of the SEC, particularly on altcoins, but she remained confident in Bitcoin’s resilience. “Bitcoin will be fine either way,” she remarked.

In terms of timing, Wendy suggested that the bigger price movements might come later, explaining, “That’s something we might see in 2025 when the bull run really kicks off.” Despite her short-term caution, Wendy remained bullish on Bitcoin’s long-term growth potential.