Will Bitcoin Fall Below $90,000 This Year? Here Are the Odds

Cryptocurrency prediction platform Polymarket reported that the probability of Bitcoin falling below $90,000 by the end of the year has increased to 68%.

According to the latest predictions on the platform, the probability of BTC falling below $80,000 is 26%, while the probability of it rising above $120,000 is 22%. The total trading volume of the respective prediction pool has exceeded $54.75 million.

Some of the prominent rates from the predictions are as follows:

• Over $120,000: 22%
• Over $130,000: 12%
• Over $150,000: 5%
• Over $170,000: 3%
• Over $200,000: 2%
• Over $250,000: 1%
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The picture is much sharper in downward predictions:

• Under $90,000: 68%
• Under $80,000: 26%
• Under $70,000: 12%
• Under $50,000: 3%
• Under $20,000: 1%

Bitcoin fell below $95,000 on Friday, marking four consecutive days of losses. The pullback coincided with a sell-off in AI-focused tech stocks. The decline in BigTech stocks, which are heavily tied to the crypto market, has dampened risk appetite.

Animoca Brands co-founder Yat Siu, speaking to CNBC, attributed the pullback to a liquidity crunch:

“There’s less money in the market. Investors are having to sell some assets to cover other shortfalls or concerns in the system. This is the result of a broader contraction.”

*This is not investment advice.