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Polymarket Predicts 64% Probability for Bitcoin to Surpass $110,000 in 2025, Next Target $250,000 BTC
In a shocking revelation, Polymarket has predicted a staggering 64% probability that Bitcoin will surpass the $110,000 mark by the end of 2025. This forecast comes as a stark contrast to previous expectations, which had suggested a more subdued price action.
The data shared by Polymarket further reveals a notable 50% chance for Bitcoin to breach the $120,000 barrier and an astonishing 39% probability that it will break through the $130,000 level. The chart also highlights the possibility of Bitcoin soaring beyond $150,000, albeit with a significantly lower probability at 28%.
Meanwhile, Arthur Hayes, co-founder of BitMEX, has further fueled speculation surrounding Bitcoin’s future trajectory by hinting at an even more astonishing target: $250,000. According to Hayes, if Bitcoin is able to reclaim the $110,000 mark, it would likely embark on a rapid ascent towards this monumental figure.
Interestingly, not all analysts share the same enthusiasm. One bearish expert has forewarned of a possible drop in price, predicting that Bitcoin may initially fall between $50,000 and $70,000 before rebounding to hit higher peaks later in the year.
Source: https://cryptonewsland.com/polymarket-predicts-64-probability/
