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CleanSpark CEO Zach Bradford predicted a wild surge in Bitcoin prices that could send the flagship crypto just shy of $200,000 in the next 18 months. This prediction comes as the company zeros in on mining, with Bradford believing the post-U.S. election landscape could provide the perfect launchpad for Bitcoin’s bullish momentum.

“I believe we could see Bitcoin peak just under $200,000, sometime in the next 18 months,” Bradford stated during a chat with Bernstein. He didn’t hinge the price spike on any particular political party. Instead, he focused on how the election’s end might bring a sense of market certainty. “It’s less about who wins and more about the election being over, which brings certainty,” he said.

Post-Election Calm Could Push Bitcoin to New Heights

Bradford argued that the post-election period typically ushers in stability. With political winds calming, market jitters could ease, allowing Bitcoin to stretch its legs. The CleanSpark CEO pointed to the fact that uncertainty often drags down crypto prices, but the election’s conclusion might flip the switch, injecting confidence into the market.

He’s got a laser focus on Bitcoin mining, too. Bradford sees mining infrastructure as the fastest route to profits in the current market climate, especially compared to slower technologies like AI. He emphasized that miners could see returns in weeks, not years, making it a lucrative play for companies that want to ride Bitcoin’s growth wave.

“The best use of our capital is to get as much [Bitcoin] today as we can,” Bradford said. He revealed that CleanSpark plans to gobble up mining assets while also securing juicy power contracts, positioning the firm to take advantage of any price surges that materialize.

Election Aftermath Could Unlock Miner Profits

Even though the U.S. election brings its own kind of chaos, Bradford remains optimistic. He believes that once the dust settles, Bitcoin could take off, and miners with low operational costs might stand to benefit the most.

“I think we’ll start seeing a meaningful push in Bitcoin prices post-election through January, which should result in significant margin expansion for well-placed miners with efficient cost structures,” Bradford noted.