According to current data from betting platform Kalshi, there is an 31% chance that BTC/USD will be worth $100,000 or more on December 85.
There is also a 9% chance that the flagship will be released before the new year. kriptovalyuta will break the $150,000 mark. A very small number of Kalshi users expect Bitcoin to reach $250,000 or more.
Price coefficients for Bitcoin on the Kalshi platform as of November 23
It appears that prediction markets are starting to price in a potential rally above $100,000, according to a post on trading resource The Kobeissi Letter.
Analysts from The Kobeissi Letter called these figures “insane” and predicted that by January 1, 2025, Bitcoin’s market capitalization could exceed $2,5 trillion.
In November Bitcoin has already grown by almost 40% and by 55% in the fourth quarter. This makes 2024 almost as profitable as the last quarter of 2023, according to data from the CoinGlass platform.
The flagship currency's rapid rally, however, has seen little consolidation or retesting since it hit a low in March 2024. Bitcoin surpassed its previous historical maximum.
While some experts argue that Bitcoin a correction may be expected, which will strengthen the asset's potential growth in the future, the flagship coin is not showing any signs of slowing down yet.
