Bitcoin just broke through $97,000, marking its highest point in eight weeks. The surge triggered a massive liquidation wave—over $680 million in short positions got wiped out in the process. What's really catching attention though? Prediction markets are getting quite bullish. Traders on Polymarket are currently pricing in a 74% probability that BTC will smash through the $100,000 level before January closes. That's a pretty compelling vote of confidence from the market. Whether it actually happens depends on the next couple of weeks, but right now the momentum and positioning suggest the bulls have some serious conviction behind this rally.

BTC1,3%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)