$130,000 BITCOIN INCOMING?

According to Polymarket's latest forecast, there's a 63% chance that Bitcoin's price will surge to over $130,000 before the year ends. Currently, Bitcoin is trading at $103,920.97, with a 0.42% increase in the last 24 hours. Traders on the platform are betting on various price points, with some predicting:

$110,000-$130,000: The most likely outcome, with a significant number of bets placed on this range.

$200,000: An 18% possibility.

$250,000: An 11% chance.

$1 million: A 3% chance

This forecast is attributed to rising institutional interest in Bitcoin, particularly through spot Bitcoin ETFs. However, not everyone is convinced, with popular Bitcoin critic Peter Schiff believing the price isn't skyrocketing soon.

To reach $130,000, Bitcoin's price would need to increase by about 25% from its current value. If you're wondering how much Bitcoin you'd get for $130,000, the answer is approximately 1.255117 BTC, based on the current exchange rate .#CryptoCPIWatch #CryptoRoundTableRemarks #TradeStories $BTC