Bitcoin (BTC) may stay pinned beneath $100,000 for the rest of 2025 because the market weakened following the US Fed price reduce choice on Wednesday.
Key takeaways:
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BTC value has solely a 30% likelihood of hitting $100,000 earlier than Jan. 1, in line with prediction markets.
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Bitcoin treasury shopping for has slowed considerably, hindering short-term restoration makes an attempt.
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Bitcoin faces resistance at $94,000, with an ascending triangle breakout doable to the $98,000 liquidity zone.
30% likelihood BTC reclaims $100,000 earlier than New Yr
The vast majority of merchants on Polymarket and Kalshi anticipate Bitcoin to stay beneath the $100,000 mark for the following 21 days.
As of Dec. 11, Kalshi bettors are pricing in about 34% odds of BTC crossing $100,000 earlier than Dec. 31. Polymarket units 29% odds of BTC touching $100,000 earlier than the top of 2025.
Bitcoin’s excessive for December sits at $94,600, reached on Tuesday, and the final time the BTC/USD pair traded above $100,000 was on Nov. 13.
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A number of elements have capped Bitcoin’s rebound makes an attempt within the quick time period, together with rising macroeconomic uncertainties and a slowdown in Bitcoin treasury buys.
Knowledge from reveals that the speed of corporations buying Bitcoin per day continues to fall, an indication that establishments may very well be exhausted.
Regardless of the lowered Bitcoin treasury demand, Polymarket odds for Technique promoting Bitcoin stay marginal earlier than the top of the 12 months, whereas expectations for routine small buys keep elevated.
Moreover, Polymarket merchants nonetheless see routine Technique purchases this week as a high-probability occasion, with a 65% likelihood of shopping for over 1,000 BTC.
Final week, Technique expanded its Bitcoin treasury to 660,624 BTC after shopping for 10,624 cash for roughly $962.7 million, and is on track to match final 12 months’s Bitcoin purchases.
Bitcoin’s upside may very well be capped at $98,000
Knowledge from Cointelegraph Markets Professional and TradingView exhibits that the BTC/USD pair has been consolidating inside an ascending triangle in decrease time frames.
The value is “now pushing in opposition to this resistance once more,” mentioned analyst Daan Crypto Trades in an X put up on Wednesday, referring to the provision zone between the $93,300 yearly open and $94,000.
A break and maintain above $94,000 ought to result in a transfer towards the measured goal of the triangle round $108,000, however Daan Crypto Trades mentioned it could solely go as excessive as “retesting the earlier help space round ~$98K,” including:
“That is additionally the place quantity of liquidity is positioned.”
As Cointelegraph reported, consumers should drive Bitcoin above $94,589 to open the gates for a retest of the $98,000-$100,000 zone.
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a call.
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a call. Whereas we try to offer correct and well timed data, Cointelegraph doesn’t assure the accuracy, completeness, or reliability of any data on this article. This text might comprise forward-looking statements which are topic to dangers and uncertainties. Cointelegraph won’t be answerable for any loss or injury arising out of your reliance on this data.