A survey conducted at this point revealed that the US midterm elections could have an impact on expectations for the Bitcoin market.
A Bloomberg survey of 301 investors and financial experts suggests that the price of Bitcoin could rise above $100,000.
According to the survey, 29% of respondents believe that if Republicans gain a majority in Congress, Bitcoin could surpass $100,000 by the end of 2026.
According to the survey results, the percentage of those who think Bitcoin will surpass $100,000 is 8% in the scenario where the Democrats control Congress, but 14% in the scenario where the two parties share control.
If the Democrats gain a majority in Congress, 55% of participants predict that $BTC will fall by the end of the year but remain above $60,000.
In contrast, 16 percent of participants expect it to fall below $60,000.
*This is not investment advice.
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