Prediction markets set Bitcoin price for year-end
Though Bitcoin’s (BTC) journey between December 4 and December 6 proved something of a round trip, the temporary surge toward $104,000 appears to have turned investors – and gamblers – decisively bullish. Specifically, the community active on the Kalshi prediction market – one of the two that rose to fame ahead of the 2024 U.S. presidential election – appears confident that BTC will hit a new all-time high (ATH) in the remaining weeks of the year. Specifically, the platform is, at press time on December 6, forecasting Bitcoin will stand at a high $127,000 on New Year’s Eve. Picks for you New store of value? Bitcoin's dominance over gold hits largest margin in history 1 hour ago Bitcoin sees massive pump and dump...