Prediction markets and conventional forecasts have both made predictions about Bitcoin’s future price. On the crypto-based Polymarket, users can place bets on Bitcoin’s price, with odds ranging from 42% for reaching $100,000 to 52% for hitting $125,000 or above by 2026.
Fundstrat Global Advisors’ Tom Lee, who was surveyed as one of the most accurate analysts, initially predicted a year-end price of $150,000 in March. Although this prediction seems less likely now, Lee believes that six-figure prices could still occur before the end of the year, especially with more gains in 2025 and 2026.
Bitcoin has already risen 32% in November alone and over doubled this year. To reach $100,000, it would need to climb another 10%. Despite signs that the post-election rally is stalling, some experts like Quinn Thompson, founder of Lekker Capital, are optimistic about Bitcoin’s potential to surpass $100,000 soon.
A recent survey by Bloomberg found Lee’s stock market call in 2023 to be the most accurate. However, it remains to be seen whether his prediction for Bitcoin will come true.
Source: https://finance.yahoo.com/news/high-bitcoin-prediction-markets-191440052.html