Bloomberg Survey: 29% of respondents expect Bitcoin to exceed $100,000 by the end of the year when the Republican Party controls Congress

According to a report by Bloomberg, a survey of 301 investors and financial professionals shows that if the Republican Party controls Congress, 29% of respondents expect Bitcoin to exceed $100,000 by the end of 2026; if the Democratic Party controls Congress, this percentage is 8%, and if both parties share control of Congress, it is 14%.

The survey used Bitcoin's price of approximately $83,600 at the end of September as a benchmark. In the scenario where the Democratic Party controls Congress, 55% of respondents expect the price to drop by the end of the year but not below $60,000, while 16% expect it to fall below $60,000. The survey was conducted from October 2 to 17, with respondents including Bloomberg terminal clients and website subscribers.