Traders on Kalshi assign a 69% probability that Bitcoin will pull back to $50,000 before reaching $100,000, according to data published by the prediction markets platform. The consensus reflects a growing bearish bias among market traders, who prioritize the possibility of a deep correction over an immediate rally toward new ATHs.
The last time Bitcoin traded near $100,000 was in November 2024, and since then traders have shown skepticism about BTC’s ability to reclaim that threshold in the short term. Even so, some analysts maintain an optimistic view of the long-term trajectory, supported by on-chain movements that indicate accumulation.
BREAKING: 69% chance Bitcoin hits $50,000 before $100,000 pic.twitter.com/XYGC6iGqp9
— Kalshi Crypto (@Kalshi_Crypto) June 12, 2026
Bitcoin posted a 1.87% gain over the last 24 hours and was trading around $63,800, after several consecutive days of losses. Its slight recovery raises questions about whether it could mark the beginning of a solid relief bounce, though the majority of traders on Kalshi still bet on a deeper correction before any meaningful rally.
Source:Â https://x.com/kalshi_crypto/status/2065419738629464508
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