$BTC After remaining above the threshold of 100,000 dollars for over a week, analysts and bitcoin enthusiasts are meticulously examining every price movement in search of clues about its future direction. Meanwhile, prediction markets assign a considerable probability that bitcoin will maintain its six-figure status by the end of the year.

The Prediction Market Frenzy

Prediction markets like Polymarket—a decentralized platform based on blockchain—and Kalshi—a regulated market in the U.S.—have become the preferred destinations in the past year for forecasting future outcomes.