#BitwiseBitcoinETF On Friday, December 27, Polymarket hosted a high-stakes bet that attracted $2,517,135 in volume and will expire on December 31, 2024. The bet indicates only a 30% chance that Bitcoin (BTC) will reach $100,000 again this year.

As of 3:00 p.m. ET on Friday, Bitcoin is holding at $94,400 after hitting a record high of $108,364 on December 17. The betting rules state:

“This market will immediately settle as ‘Yes’ if any 1-minute candle for Bitcoin (BTCUSDT) on Binance between December 23, 2024, 14:50 and December 31, 2024, 23:59 ET has a final ‘High’ price of $100,000.00 or higher. Otherwise, this market will settle as ‘No.’”



Polymarket bettors are also betting on where the price of Bitcoin will be by March 31, 2025. Price options range from $70,000 to $200,000, with $90,000, $110,000, and $120,000 being three of the most popular options.

The $90,000 prediction leads with an 85% chance, followed by $110,000 at 64%. Meanwhile, $120,000 holds at 45%, and $130,000 is estimated to have a 34% chance.

Looking further up the scale, the $150,000 bet is at 21%, while the $200,000 target is only holding at 9%.