Bitcoin appears to be regaining its footing after a turbulent week, with trading sentiment suggesting the world’s largest cryptocurrency could hit unprecedented levels by the close of 2025.
On prediction platforms like Polymarket, speculators are placing strong odds on Bitcoin reaching between $120,000 and $130,000 before the year ends.
Despite ongoing global tensions that briefly sent prices lower, Bitcoin has stabilized above the $100,000 mark. As of now, it’s changing hands near $106,700—up modestly over the last day, though still down slightly on a weekly basis.
Traders on Polymarket are increasingly confident in Bitcoin’s upward trajectory. The current market consensus gives a 76% chance of BTC finishing 2025 at or above $120,000. The likelihood of crossing the $130,000 threshold is pegged at 57%, while more ambitious milestones like $150,000 or higher see less conviction—hovering between 8% and 32%. Very few expect a meteoric surge to $1 million, with only a 3% probability priced in.
Notably, fears of a major crash are muted. Markets estimate just a 26% chance of BTC dropping to $70,000 or below, and only a slim 5% see the asset retracing all the way to $20,000.
The return of institutional capital is also playing a role in stabilizing the market. Japan’s top publicly traded Bitcoin-holding firm has quietly expanded its position by over 1,100 BTC. Simultaneously, U.S.-listed spot Bitcoin ETFs attracted $1.37 billion in new inflows last week alone, reflecting strong confidence from large investors.
Though geopolitical uncertainty remains a concern, the overall mood in crypto circles is trending cautiously optimistic—with more eyes than ever watching for a potential all-time high before the calendar flips to 2026.
Michael Saylor, executive chairman of Strategy, has revealed that the company has acquired an additional 21,021 Bitcoin for approximately $2.46 billion, paying an average price of $117,256 per BTC.
As Bitcoin continues to consolidate above $100K, a critical market signal is flashing: BTC funding rates remain elevated, even as price action cools.
Billionaire investor Ray Dalio, founder of Bridgewater Associates, has suggested that a balanced investment portfolio should include up to 15% allocation to gold or Bitcoin, though he remains personally more inclined toward the traditional asset.
With Bitcoin hovering near $119,000, traders are weighing their next move carefully. The question dominating the market now is simple: Buy the dip or wait for a cleaner setup?