We've launched a new prediction market: Will BTC reach $150k by 2025? What's your take?
Market LinkEverything will depend on some facts, but the chance is low for Bitcoin to reach above $150k in 2025. Some decisions of Donald Trump's government will have good impact on Bitcoin price within next few months. I will go for 'no' on this betting market. Currently, this is a promising market at Futuur:
Bitcoin's market cap at the end of 2024. 95% bets are on '1.6 trillion USD or more'.
Well, of course, 95% of players believe that Bitcoin's capitalization will not fall below $1.6 trillion.
This limit corresponds to the Bitcoin price of about $80K. So in my opinion, taking into account the history of Bitcoin's volatility, a decrease in the Bitcoin price below this price is more likely than the players' opinion. It seems to me that this should be more than 5%, as in this dispute now.
But apparently, public opinion on this issue is still in the zone of ultra-optimism.
Maybe this is good, but it is still not worth getting too excited and being in euphoria from the bull rally and, in general, from the possibilities of Bitcoin.