Predictive market data shows an 85% probability that BTC will reach $100,000 before the end of the year, and a 9% chance it will reach $150,000
According to Cointelegraph, prediction market Kalshi data shows that the possibility of BTC reaching $100,000 by the end of the year is 85%, and $150,000 is 9%. Meanwhile, according to the average forecast on the Kalshi platform, a BTC price of $125,000 could become a reality in the new year of 2025. Analysts believe that ETF played a key role in Bitcoin's price increase by absorbing more than 90% of selling pressure from long-term holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Paradigm General Partner Charlie Noyes announces resignation from related position
Trending news
MoreReport: South Korea's high-net-worth individuals increase allocation to gold and crypto assets, reduce allocation to real estate
The probability of the Federal Reserve cutting interest rates by 25 basis points in January is 24.4%, and the probability of a cumulative 50 basis point cut by March is 8.1%.
