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.
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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.