The leading cryptocurrency Bitcoin (BTC) experienced an unstoppable rally after Trump’s victory, exceeding $ 89,000 and setting a new record.
While this rise in Bitcoin further increased investors’ expectations of a rally, the expectation of $100,000 as the critical target also increased.
Accordingly, on the popular prediction platform Polymarket, the probability of Bitcoin exceeding $ 100,000 by the end of the year increased to 65% after the ATH.
B
Apart from Polymarket, another prediction platform, Kalshi, predicts that Bitcoin has a 64% chance of reaching $100,000 by the end of 2024.
According to Kalshi data, the probability of Bitcoin reaching $100,000 before December 2024 is 45%, while the probability of it reaching $100,000 before January is estimated as 64%.
*This is not investment advice.