Polymarket Predicts a 37% Chance of Bitcoin Reaching $100,000 This Year

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Bitcoin news from Polymarket shows the probability of Bitcoin reaching $100,000 this year fell to 37% on May 24, down from 49% on May 10. The chance of BTC hitting $90,000 is now 59%, while the likelihood of it dropping to $50,000 stands at 41%. Bitcoin analysis indicates shifting market expectations ahead of the end of the year.

According to Huoxing Finance, on May 24, the probability of Bitcoin rebounding to $100,000 this year on Polymarket dropped to 37% (down from 49% on May 10). Additionally, the probability of BTC rebounding to $90,000 this year is currently at 59%, while the probability of it falling to $50,000 is 41%.

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