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Bitcoin Faces Downside Risk as Prediction Markets Price 89% Chance of $75K Drop

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Prediction markets on Polymarket and Kalshi show an 89% probability of Bitcoin dropping to $75,000, sharply clashing with Bernstein's $150,000 year-end target.
  • Meanwhile, Standard Chartered and Citi continue to slash their forecasts amid macro headwinds and sluggish corporate buying.
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BTCUSD price history

76533.49 +14.24% over the displayed period

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