Prediction Markets Price 40% Odds of Bitcoin Reclaiming $100K
- —Prediction markets put the odds of BTC hitting $100,000 at 40%
- —Bitcoin trades near $84,000, down 2% over 24 hours
- —Analyst Ted Pillows expects a correction and range-bound trading
- —Weak spot demand and rising leverage weigh on a decisive move
Why it matters: A return to $100,000 is widely seen as the line between a bear and bull market, and low odds are weighing on sentiment.
Source: ZyCrypto