Bloomberg poll: 29% of respondents expect BTC to surpass $100,000 by year-end if Republicans control Congress

TechFlow news, November 2: According to Bloomberg, its survey of 301 investors and financial professionals showed that if Republicans control Congress, 29% of respondents expect Bitcoin to exceed $100,000 by the end of 2026; if Democrats control Congress, the share is 8%, and if the two parties divide control of Congress, it is 14%.

The survey used Bitcoin's price of approximately $83,600 at the end of September as the baseline. In the scenario where Democrats control Congress, 55% of respondents expect the price to decline by year-end but remain above $60,000, while 16% expect it to fall below $60,000. The survey was conducted from October 2 to 17, and respondents included Bloomberg Terminal clients and website subscribers.

Source: TechFlow