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Bitcoin likely to drop to $50,000 before hitting $100,000, say Kalshi traders.

Market News
12 Jun 2026
UToday
View Source
Bearish
Bitcoin likely to drop to $50,000 before hitting $100,000, say Kalshi traders.

Traders on the prediction market platform Kalshi believe Bitcoin has a 69% chance of falling to $50,000 before it reaches the $100,000 milestone. Despite recent modest gains and signs of a potential recovery, many traders expect a deeper price correction before a major rally. This suggests cautious sentiment around Bitcoin's near-term price movement, even as some analysts remain optimistic about its long-term prospects.

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