I think there may be some skepticism about this prediction!

While it's impossible to predict with certainty what would happen to Bitcoin if Donald Trump wins the presidency, it's important to note that Bitcoin is a decentralized digital currency that operates independently of political events and market conditions.

That being said, analysts at Bernstein are likely basing their prediction on a combination of factors, such as:

1. Market sentiment: If Trump were to win, there may be a surge in uncertainty and volatility in traditional markets, which could lead to increased interest in alternative assets like Bitcoin.
2. Regulatory environment: Depending on the outcome of the election, there could be changes in regulatory frameworks that might affect the growth or stability of the digital currency market.
3. Sentiment shifts: In the event of a Trump win, some investors may reassess their risk appetite and seek out perceived safe-haven assets like gold or Bitcoin.

However, it's important to keep in mind that predicting the price of Bitcoin (or any asset) with high accuracy is notoriously difficult, even for experienced analysts. Many factors can influence market sentiment and prices, including macroeconomic conditions, central bank policies, and technological advancements.

So, while a Trump win might potentially impact the digital currency market, it's crucial to take this prediction with a grain of salt and consider multiple scenarios before making any investment decisions.