Cryptocurrency bettors are tempering expectations about Bitcoin (CRYPTO: BTC) reclaiming $100,000 in 2026.
Bitcoin to $100,000 Unlikely in 2026?
Polygon (CRYPTO: POL)-based Polymarket currently assigns only a 9% chance of Bitcoin hitting $100,000 and beyond this year, down from a high of 91% in January.
Similarly, chances of BTC reaching $90,000 fell from 71% in early May to 16% as of this writing.
Interestingly, the odds of Bitcoin moving lower were relatively higher. Punters have priced in a 23% possibility of Bitcoin declining below $45,000, alongside a 15% chance of a drop below $40,000.
Divergent Outlooks for Bitcoin
Forecasts about Bitcoin’s price action have surged. even as the asset struggles through a drawn-out bear market.
Popular market analyst Alessio Rastani predicted Bitcoin would crash to $20,000 by the end of 2027 before making a sharp recovery.
Meanwhile, Bitwise Chief Investment Officer Matt Hougan said Bitcoin refusing to react to bad news, including BTC sales by Strategy Inc. (NASDAQ:MSTR) and CLARITY Act delays, is one of the clearest signs the cryptocurrency winter is ending.
Bitcoin rallied to its all-time high of $126,198 in October 2025. Since then, the apex cryptocurrency has collapsed nearly 505.
Price Action: At the time of writing, BTC was exchanging hands at $63,730.30, down 0.04% in the last 24 hours, according to data from Benzinga Pro.
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