Odaily Planet Daily report: Survey shows that if the Republican Party retains control of both chambers of Congress, the median price forecast for Bitcoin by year-end is $90,800; if the Democratic Party wins both chambers, the median forecast is $76,450; if the two parties split control of the Senate and House, the median forecast is $84,100.
Analysts believe that Democratic control of both chambers may make it difficult for the CLARITY Act to pass over the next two years; if Republicans retain control of both chambers, it would be more favorable for advancing crypto policy, but the narrow majority in the Senate could still lead to legislative gridlock. In the short term, Bitcoin’s support zone is between $76,000 and $76,600, while its resistance zone is between $79,500 and $80,500; if support is broken, the market will turn its attention to the 50-week moving average near $75,700 and the 200-day moving average near $73,100.


