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Bitcoin Price Odds on Prediction Markets Give $100K Just 27%
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Bitcoin’s return to $100,000 is looking increasingly doubtful before 2027, at least in the eyes of prediction market traders. Polymarket assigns just a 27% probability to the milestone this year, while Kalshi’s October forecast sits at $87,000. With bitcoin trading near $83,416 on Tuesday, Oct. 13, traders are pricing in a far greater chance of […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Prediction markets show low odds for BTC hitting $100K, indicating bearish sentiment.