Over the past seven days, the Bitcoin market has seen an increase of almost 8.0%. Right now the market is slowly approaching the $100k mark. Many Bitcoin enthusiasts believe that the market could cross the 100K range within a few days. Meanwhile, prediction markets like Kalshi share even higher expectations. Here’s what you need to know.
Bitcoin $150k? What the forecast markets are saying
Prediction markets like Kalshi suggest there is at least a 13% chance of Bitcoin reaching the $150k range before the end of this year. This indicates the possibility of a breakout above the $100K range.
BTC $100,000 Almost Certain: 95% Probability Explained
Prediction markets show that there is at least a 95% chance that BTC will break $100k before December 31st. Given the current bullish trend in the Bitcoin market, there is no reason to doubt Bitcoin’s ability to break the $100K mark. until the end of this year.
Learn more about Bitcoin price predictions 2025-2030 and find out how high BTC could go with our detailed analysis of upcoming milestones and market trends.
Since the US presidential election, the BTC market has shown tremendous growth. On November 5, the price of Bitcoin was $67,842.12. It has since risen by at least 45.51%. Yesterday, at the close, the price of Bitcoin was $98,962. Although the price is down slightly by 0.2% in the last 24 hours, as the overall trend is favorable, the Bitcoin market is likely to move higher in the coming hours.
If the market repeats the result of the second weekend of this month of +5.29%, then by Monday, November 25, the price could jump to $103,975. It is noteworthy that in the first and third weekends the market showed a decrease of -1.19% and -1. 36% respectively.
Average Bitcoin Price Prediction: $127K by Year End
Interestingly, the median forecast suggests that the Bitcoin market could reach $127,000 before December 31st. Of course, this sounds extremely realistic, since it takes into account the possibility of sudden failures. It is important to note that if the market reaches $127,000, Bitcoin’s total market cap could cross the $2.5 trillion range.
Currently, BTC’s market cap remains at $1,950,949,880,430. At its previous all-time high, BTC’s market cap was around $1.43 trillion. From mid-March to early November, BTC’s market capitalization fluctuated between $1.44 trillion and $1.06 trillion. It was November 5th and the market broke above this range. Since then, the market capitalization has increased by 42.33%.
In conclusion, the future of Bitcoin looks bright, with prediction markets pointing to historical milestones.