Wall Street Says One Election Result Gives Bitcoin Its Best Chance at $100,000

Investors see a Republican-controlled Congress as Bitcoin’s (BTC) best shot at ending 2026 above $100,000, a Bloomberg survey of 301 traders, portfolio managers and other investors shows. Twenty-nine percent expect that outcome under Republican control, against 8% if Democrats win. For Bitcoin holders, the gap runs on the downside too. Sixteen percent expect a drop below $60,000 under Democrats, against 5% under Republicans. Why Does Congress Control Matter for Bitcoin Holders? Americans vote on Tuesday, November 3, to decide which party controls Congress. Lawmakers there write the rules for crypto markets. Those rules are still missing. On September 15, the Senate voted 49-50 on whether to open debate on the CLARITY Act, a bill setting federal rules for crypto markets. It needed 60 votes. Markets punished the CLARITY Act failure.

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