According to Polymarket, Bitcoin will reach $100,000 by the end of the year.

According to decentralized prediction platform Polymarket, the probability of Bitcoin price reaching $100,000 within the year is 65 percent.

Polygon-based decentralized prediction platform Polymarket has proven itself with its success in the US presidential elections. Polymarket, which provides much more consistent results compared to other surveys, has gained the trust of crypto users. With Bitcoin's sharp rise, other bets on the platform have started to attract attention. The most important of these is whether $BTC will reach $100,000 within the year.

Polymarket, which has left its mark on the crypto sector with its consistent data in the US presidential elections, has come to the fore this time with predictions about Bitcoin. According to the platform, BTC has a 65 percent chance of reaching $100,000 in 2024. Bitcoin, which is traded at $89,500 as of the writing of the news, may reach $100,000 with positive data from spot ETFs or statements by Donald Trump. In this process, Polymarket users' bets will also play a critical role.

The fact that Polymarket polls are shaped according to the bets made makes the predictions even more important. The effect of this situation was frequently seen in the US presidential elections. For example, Donald Trump's difference in the polls brought about sharp increases in Bitcoin. If the same scenario is seen in the BTC price during the year, we may witness a rapid increase.

However, it is always necessary to be careful. The $ 100,000 level will be a difficult resistance level, especially from a psychological perspective. Testing this level will increase volatility. If weekly closings above $ 100,000 occur, the bull run will accelerate.

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