Bitcoin price prediction markets bet BTC won't go higher than $138K in 2025

Quick Summary:

The results were uploaded to X by user Ashwin on March 27 and show that price bets extend all the way down to $59,000.“The great thing about this analysis is that it not only provides a market sentiment score, like the Fear and Greed Index, but also attaches to it the expected price target for both bearish and bullish scenarios,” he explained. “This offers a reference to compare one's price prediction with the market's.”BTC price targets on Polymarket.

Data covering bets on prediction service Polymarket suggests that BTC/USD could still gain around 60% from current levels this year.“Conservative” Polymarket users cap BTC price upside at 60%Bitcoin bull market projections have taken a beating this quarter thanks to multiple setbacks impacting crypto and the wider risk-asset spectrum.

Source: Ashwin/XAshwin deconstructed the methodology used to analyze odds across multiple Polymarket arenas, resulting in a potential BTC price range between $59,040 and $138,617.“The $138k Bitcoin price target may not seem bullish to most Bitcoiners, who are accustomed to hearing hyperbolic valuations.

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Article Details

Author / Journalist: Cointelegraph by William Suberg

Category: Crypto

Markets: United States

Topics: Polymarket Bull Price Prediction Target $138 Recovers Market Include Bitcoin Average

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 08:08:05 (4 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27366148

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Official Website: cointelegraph.com

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