Is Bitcoin Doomed To Miss $100K Again ? – Cointribune

                            <a href="https://www.cointribune.com/en/profile/" target="" class="">🎁 Discover our latest Read2Earn quests and earn by reading 🎁</a>                            <br><span><span><a href="https://www.cointribune.com/en/">Home</a></span> » <span><a href="https://www.cointribune.com/en/news/">News</a></span> » <span><a href="https://www.cointribune.com/en/news/crypto-news/">Crypto News</a></span></span><br>Prediction markets are now betting against bitcoin. On Polymarket, nearly 70 % of bettors believe that BTC will fall below 100,000 dollars before the end of this year. A strong signal, as crypto has just undergone a brutal correction. This shift in market sentiment, driven not by analysts but by the investors themselves, raises questions: is the bullish trend already behind us?<br>While <a href="https://www.cointribune.com/en/bitcoin-under-pressure-etfs-record-a-record-outflow-of-536m/" target="_blank" rel="noreferrer noopener">investors flee Bitcoin ETFs</a>, on the decentralized prediction platform Polymarket, ongoing bets indicate a clear and mostly bearish trend : 69 % of participants believe bitcoin will fall below the 100,000 dollar threshold before the end of the year.<br>This sentiment arises as bitcoin has dropped 12.4 % over two weeks and remains about 14.9 % below its all-time high, estimated at over $126,000.<br>Polymarket data reveals <a href="https://news.bitcoin.com/prediction-market-bettors-go-all-in-on-a-bitcoin-drop-under-100k/" target="_blank" rel="noreferrer noopener">several important signals</a> :<br>This positioning highlights a more cautious dynamic than before. While some long-term forecasts aimed for peaks between $150,000 and $250,000, these bets indicate a tactical repositioning. By placing their money on a moderate hypothesis, Polymarket investors reflect a more realistic, even defensive, market climate, awaiting a possible macroeconomic or sectoral catalyst.<br>Beyond long-term bets, short-term indicators also trigger concern. Another prediction on Polymarket gives about a 60 % chance that bitcoin will fall below $100,000 as soon as this October, showing fears extend beyond a distant horizon.<br>Technical indicators point in the same direction. The RSI (Relative Strength Index) dropped to 37, a level generally interpreted as near an oversold zone. The 4-hour data chart shows a <em>“death cross”</em>, a well-known bearish signal among analysts, and the Fear &amp; Greed index hovers around 30, which corresponds to a fear zone in markets.<br>These elements add to the behavioral analysis of prediction markets, forming a cluster of consistent signs pointing to a possible sharper correction.<br>While these signals accumulate, their interpretation must remain nuanced. On one hand, they may reflect a strategic repositioning of investors ahead of the next halving or massive profit-taking after previous rises. On the other, these moves may also signal a deeper market cycle change. In any case, this conjunction of indicators shows that the trajectory of the <a href="https://www.cointribune.com/en/crypto-markets/bitcoin-btc-en/" target="_blank" rel="noreferrer noopener">bitcoin price</a> remains highly uncertain.<br>Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.<br>Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019.  Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.<br>The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.<br>Receive the latest and best crypto news directly to your inbox<br>in daily, weekly, or special format, to stay updated at your own pace<br>Receive the latest and best crypto news directly to your inbox<br>in daily, weekly, or special format, to stay updated at your own pace<br><br><a href="https://news.google.com/rss/articles/CBMifEFVX3lxTE5tS3BzZl95ZEtoTDlSSDZickVaNHY1TzV2MUJkdG81bjVHcHVBSnB0aTNyaXFqazc2NGJtclZmUlg4WEEyWU8zR2ZYRDhOMHdTQlBhMFJHSnJjZVp2anZmemZMa2tLeEwwaDZyazROaXNDcmo0YXRXQjg5cmc?oc=5">source</a>