Bitcoin's prospects of reaching $130,000 this month have plummeted to 0%, according to recent data. The cryptocurrency recently fell to an intraday low of $110,020, with Polymarket indicating only a 3% chance of it dropping below $100,000 this month. This decline follows significant market liquidations totaling $19 billion, spurred by U.S.-China trade tensions.
Despite some easing in geopolitical tensions, Bitcoin has struggled to regain momentum. Polymarket bettors currently assign a 46% probability of Bitcoin hitting $130,000 by the end of the year, reflecting ongoing market uncertainty.
Bitcoin's $130K Target Unlikely as Market Faces Downturn
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