Bloomberg Survey: 29% of respondents expect Bitcoin to exceed $100,000 by year-end if Republicans control Congress

A Bloomberg survey of 301 investors and financial professionals reveals that 29% of respondents expect Bitcoin to surpass $100,000 by the end of 2026 if the Republican Party controls Congress. This bullish outlook contrasts sharply with only 8% of respondents anticipating such gains under a Democratic-controlled Congress and 14% under a split government. The survey, conducted between October 2 and 17, used Bitcoin’s late-September price of approximately $83,600 as a baseline for these projections. In the scenario where Democrats control Congress, 55% of participants forecast a year-end decline that remains above $60,000, while 16% predict a drop below that threshold. These divergent expectations highlight how U.S. political outcomes are increasingly viewed as a primary driver for crypto asset valuation and regulatory sentiment. Market participants should monitor upcoming election results and subsequent policy shifts, as these factors are now central to institutional risk assessments and capital allocation strategies in the digital asset sector.