Crypto market optimism took a hard hit following the revelation of the latest projections from the regulated prediction platform Kalshi, where traders estimate that the chances of Bitcoin reaching the long-awaited $100,000 milestone this year have completely collapsed. With the pioneer cryptocurrency trading stagnant around $76,794 and showing a persistent inability to consolidate above the critical resistance of $84,000, the widespread sentiment among retail and institutional players has shifted into bearish territory.
BREAKING: Our traders forecast Bitcoin will NOT hit $100,000 this year pic.twitter.com/vTDaLb7bga
— Kalshi Crypto (@Kalshi_Crypto) May 22, 2026
This radical shift in expectations is a direct response to sustained selling pressure and a worrying halt in institutional adoption. Spot Bitcoin exchange-traded funds (ETFs) have accumulated consecutive daily net outflows, marking a period of total drought in fresh capital entering the ecosystem, which in turn has sparked fears of a more prolonged price correction. Currently, the asset would require a rally of nearly 40% to register a new all-time high, a scenario that Kalshi investors rule out under prevailing macroeconomic and liquidity conditions.
As the market digests this harsh forecast, traders’ attention is shifting toward the strength of lower technical supports to avoid deeper declines. The next crucial step for Bitcoin’s price will consist of successfully defending the key support zone located between $75,000 and $76,000, a fundamental level to stabilize the price against the prevailing caution and prevent panic selling in the short term.
Source: https://x.com/Kalshi_Crypto/status/2057829188770373895
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