In the April Polymarket market, trading volume is concentrated at the extreme values. A bet on $150,000 attracted over $2.57 million, despite its implied probability being less than 1%. Bets on Bitcoin moving below $50,000 and below $60,000 attracted approximately $960,000 and $734,000 respectively, even though their probabilities are 3% and 19%. For the contract reaching $75,000 and $90,000, the trading volume totaled $30.2 million, with an estimated probability of 100%. Meanwhile, traders estimate the probability of Bitcoin reaching $100,000 at 35%, and $110,000 at 24%. Speculative volume at the upper end of this market remains active. A $1,000,000 result attracted over $647,000 in trading activity with a 2% probability. Regarding a drop in BTC, the market estimates a 68% chance of falling to $55,000 or below by 2026, and a 25% chance of dropping to $35,000. Users of Kalshi estimate the chance of Bitcoin reaching $150,000 by August 2026 at just 4%, and 5% by September 2026. The probability for January 2027 is indicated at 9%. This series of contracts has generated a total trading volume of $31,534,933.

BTC1,46%
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