According to the statistics of the betting platform Polymarket, the chances of Bitcoin reaching $100,000 in 2024 seem high. On November 22, the confidence of Polymarket users that the BTC price would rise to $100,000 increased to a maximum, thus the probability of this outcome was estimated at 95%. However, the belief of bettors in the success of cryptocurrency has declined, and now the chance that the price of Bitcoin will rise to $100,000 is only 70%.
It is obvious that the largest number of gambling members of the crypto community predicted the growth of the Bitcoin price to $100,000 precisely on November 22, as on that day the price of the asset updated its historical maximum at the mark of $99,800. However, then a correction began, which was accompanied by a decline in trading volume, and many were disappointed in the renewal of the bullish rally until the end of the year. In this regard, over the last few hours, some clients of Polymarket have bet that Bitcoin will not rise to $100,000. In the case of a win, they will multiply their capital more than three times. A successful bet on a positive outcome will bring only 42% profit. One of the players advised to wait until Monday. According to him, if in the first weekday the price of the cryptocurrency does not rise, then the correction will continue in the market, and the prospect of breaking the barrier of $100,000 in 2024 can be forgotten. Otherwise, the bulls will take the initiative and push the price of the coin to the coveted figure.
