Bitcoin (BTC) might stay pinned under $100,000 for the rest of 2025 because the market weakened following the US Fed fee reduce determination on Wednesday.
Key takeaways:
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BTC worth has solely a 30% likelihood of hitting $100,000 earlier than Jan. 1, based on prediction markets.
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Bitcoin treasury shopping for has slowed considerably, hindering short-term restoration makes an attempt.
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Bitcoin faces resistance at $94,000, with an ascending triangle breakout attainable to the $98,000 liquidity zone.
30% likelihood BTC reclaims $100,000 earlier than New Yr
The vast majority of merchants on Polymarket and Kalshi anticipate Bitcoin to stay under the $100,000 mark for the following 21 days.
As of Dec. 11, Kalshi bettors are pricing in about 34% odds of BTC crossing $100,000 earlier than Dec. 31. Polymarket sets 29% odds of BTC touching $100,000 earlier than the tip of 2025.
Bitcoin’s excessive for December sits at $94,600, reached on Tuesday, and the final time the BTC/USD pair traded above $100,000 was on Nov. 13.
Associated: Bitcoin due 2026 bottom as exchange volumes grind lower: Analysis
A number of components have capped Bitcoin’s rebound makes an attempt within the quick time period, together with growing macroeconomic uncertainties and a slowdown in Bitcoin treasury buys.
Information from reveals that the speed of corporations buying Bitcoin per day continues to fall, an indication that establishments could possibly be exhausted.
Regardless of the lowered Bitcoin treasury demand, Polymarket odds for Strategy selling Bitcoin stay marginal earlier than the tip of the yr, whereas expectations for routine small buys keep elevated.
Moreover, Polymarket merchants nonetheless see routine Strategy purchases this week as a high-probability occasion, with a 65% chance of buying over 1,000 BTC.
Final week, Strategy expanded its Bitcoin treasury to 660,624 BTC after shopping for 10,624 cash for roughly $962.7 million, and is on target to match final yr’s Bitcoin purchases.
Bitcoin’s upside could possibly be capped at $98,000
Information from Cointelegraph Markets Pro and TradingView reveals that the BTC/USD pair has been consolidating inside an ascending triangle in decrease time frames.
The value is “now pushing towards this resistance once more,” said analyst Daan Crypto Trades in an X submit on Wednesday, referring to the provision zone between the $93,300 yearly open and $94,000.
A break and maintain above $94,000 ought to result in a transfer towards the measured goal of the triangle round $108,000, however Daan Crypto Trades stated it might solely go as excessive as “retesting the earlier assist space round ~$98K,” including:
“That is additionally the place a very good quantity of liquidity is situated.”
As Cointelegraph reported, consumers must drive Bitcoin above $94,589 to open the gates for a retest of the $98,000-$100,000 zone.
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a call.
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a call. Whereas we try to supply correct and well timed data, Cointelegraph doesn’t assure the accuracy, completeness, or reliability of any data on this article. This text might comprise forward-looking statements which can be topic to dangers and uncertainties. Cointelegraph is not going to be accountable for any loss or harm arising out of your reliance on this data.
