The changing geo-political narratives alongside dynamic market changes have impacted Bitcoin, which is down significantly from its earlier $93K price pedestal. Monday blues strict BTC the most, when its price fell below the $88K mark, ushering in a downward spiral for the token to deal with. That being said, the price prediction concerning the token has again been readjusted, after weighing the current situation. Will Bitcoin (BTC) be able to return to its glory? Let’s find out.
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Bitcoin: Will It Be Able To Reclaim Its Lost $100K Crown?
Bitcoin has fallen dramatically in the last 24 hours. The token is currently sitting at $88K, down 3% in the last 24 hours. The cryptocurrency market shows signs of great volatility with major altcoins down significantly in the last 24 hours. The main reason for BTC to encounter this downward spiral is Trump’s aggressive tariff policy. The US president has once again decided to impose tariffs on Canada and Mexico, a development bearish enough for the markets to fluctuate and decline.
At the same time, the markets have now readjusted their price prediction for Bitcoin. With its current pace and Momentum, Kalshi predicts BTC to touch a high of $125,000 by the end of 2025. Earlier analysts had predicted a high of $150,000 for Bitcoin. The markets have now renewed their predictions after weighing the current market changes and narratives that have lately been impacting BTC the most.
“Prediction markets no longer see $150,000 Bitcoin in 2025: Markets now see Bitcoin rising to $124,000 as the base case for 2025, down $25,000 since January, per @Kalshi. Furthermore, markets now see just a 36% chance of Bitcoin hitting $150,000 this year. 1 month ago, prediction markets saw a 40% chance of Bitcoin hitting $150,000 by July. This is the largest drop in expectations in over 6 months.”
Prediction markets no longer see $150,000 Bitcoin in 2025:
— The Kobeissi Letter (@KobeissiLetter) February 25, 2025
Markets now see Bitcoin rising to $124,000 as the base case for 2025, down $25,000 since January, per @Kalshi.
Furthermore, markets now see just a 36% chance of Bitcoin hitting $150,000 this year.
1 month ago,… pic.twitter.com/WdDMwRtvL2
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What Do The Technical Markers Say?
While Kalshi has its own prediction in place, platforms like CoinCodex have a different story to tell. Per CC, Bitcoin may rise and sit at a new price of $129K by the end of 2025.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 46.78% and reach $ 129,657 by December 30, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 25 (Extreme Fear). Bitcoin recorded 12/30 (40%) green days with 3.06% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a bad time to buy BTC.”
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