On the prediction platform Polymarket, traders are placing significant wagers on Bitcoin's future price, signaling strong bullish sentiment. The largest single bet, with over $4.5 million in volume, gives Bitcoin a 29% chance of reaching $150,000 by the end of 2025.
Other predictions show varied levels of optimism:
10% probability is assigned to BTC hitting $130,000 by October 1, 2025, with nearly $600,000 staked.3% of traders are betting almost $3 million on a $250,000 price target.1% fraction has wagered nearly $2.2 million that BTC could reach $1 million by January 1, 2026.This optimism is supported by several market factors. At the time of writing, Bitcoin was trading at $115,700, having gained 3.5% for the week. This strength is largely attributed to sustained institutional demand through spot ETFs, which saw $2.3 billion in inflows last week alone.
The macroeconomic environment is also seen as favorable. Traders anticipate increased market liquidity, with Polymarket data showing a 98% chance of a Federal Reserve rate cut at the upcoming September 16–17 meeting. This potential for looser monetary policy draws comparisons to the 2020–2021 rally, where similar conditions helped propel Bitcoin from $10,000 to $69,000.
Furthermore, Bitcoin's close correlation with gold, which recently climbed above $3,650 per ounce, adds to the positive outlook. Historically, Bitcoin has often experienced breakouts following peaks in the precious metal's price, suggesting its current consolidation could precede another major rally.
From a technical standpoint, BTC has surpassed its 50-day simple moving average (around $114,500) after breaking a downward trend. The immediate resistance is now between $117,500 and $118,000. A successful break above this level could set a short-term upside target of $125,000.
September 2025, Cryptoniteuae