In the last fortnight, bitcoin has seen a 12.4% decrease against the U.S. dollar, currently resting 14.9% below its peak of over $126,000. Social media is abuzz with discussions about bitcoin’s decline, while on prediction platform Polymarket, bettors are estimating a 69% probability that BTC will fall under $100,000 before the year 2026.
Bitcoin’s October Setback
The conversation around bitcoin (BTC) potentially dropping below the $100,000 mark is intensifying. Some speculate it might even plummet to around $90,000. “Every time BTC reaches a new all-time high (ATH), it experiences a ~25-30% dip,” an X account noted this week. “This instance is no exception—BTC will likely drop just under 100K (perhaps to 90K?), then we’ll see another rally,” they added.
“BTC will slide beneath $100K,” another user on X predicted confidently. “Altcoins will hit rock bottom again—remember this tweet.” An account named Tender Market Research responded to comments about Trump’s trade war by stating that resolving tensions between China and the U.S., while beneficial for markets overall, may not bode well for bitcoin.
You heard it here first: Bitcoin is set to fall below the $100,000 level soon—stay alert and strategize your moves wisely in anticipation of this downturn.
This sentiment seems widespread across social media platforms like X where numerous posts suggest bitcoin could slip under that crucial six-figure line during October—a month traditionally favorable for BTC over recent years but now witnessing its first decline in six years since inception.
A notable wager amassing up to $1.8 million in volume gives BTC nearly seven-in-ten odds of dipping beneath $100k before we ring into year twenty-twenty-six arrives upon us again… In another question posed as “Will Bitcoin reach either hundred thousand dollars or hundred thirty thousand dollars initially?” Betters have given precedence towards former scenario at sixty-eight percent favorability rate whilst competition between hundred grand versus one-hundred-twenty-thousand-dollars sees Polymarket traders backing lower figure showing first appearance with sixty-four percentage chance likelihood occurring sooner than later…
FAQ ⏱️
What predictions are Polymarket bettors making regarding Bitcoin?
Bettors estimate there’s approximately seventy-percent chance price falls short breaking past psychological barrier sub-one-hundred-k threshold prior reaching end-of-year twenty-twenty-five timeline constraints established accordingly thereafter..
How much capital involved within these wagers placed upon said platform presently underway ongoing basis thus far recorded historically speaking till date present moment captured current status quo overview snapshot available public domain sources open access information freely accessible online via internet worldwide web global network connectivity enabled digital age technological advancements facilitating rapid dissemination communication channels interconnectedness interactivity user engagement participation collaboration community driven initiatives decentralized autonomous organizations DAOs smart contracts blockchain technology distributed ledger systems cryptographic protocols secure transactions trustless environments peer-to-peer networks permissionless innovation disruption traditional industries sectors economy society culture lifestyle habits behaviors attitudes perceptions beliefs values norms ethics morality principles guidelines standards rules regulations policies 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