Prediction markets such as Polymarket and Kalshi suggest less than a 35% probability of Bitcoin reaching $100,000 by the end of the year. Currently, Bitcoin's price is struggling to surpass the $94,000 resistance level, hovering below $95,000. Although a short-term rebound to $98,000 is possible, the overall momentum remains weak.
Institutional buying has slowed, despite significant purchases from firms like Strategy. Traders are adopting a cautious stance, awaiting clearer market signals amid ongoing macroeconomic uncertainties. As a result, attention may shift towards altcoins, with Bitcoin's price predictions remaining conservative.
Bitcoin Unlikely to Hit $100K by Year-End, Prediction Markets Indicate
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