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Bitcoin has a 60% chance to hit $90K in October, boosted by $102.7M ETF inflows and strong market interest.

Market News
02 Oct 2026
Bitcoin
View Source
Bullish
Bitcoin has a 60% chance to hit $90K in October, boosted by $102.7M ETF inflows and strong market interest.

Polymarket traders estimate a 59.5% chance that Bitcoin will reach $90,000 at any point in October, based on market contracts that pay out if Bitcoin hits that price even briefly. This optimism is supported by $102.7 million net inflows into US spot Bitcoin ETFs on October 1, led by Blackrock's IBIT fund. However, sentiment is cautious as the Crypto Fear and Greed Index remains high at 72, indicating potential overbought conditions. Market watchers note that while short-term momentum is positive, longer-term targets like $100,000 remain less certain, with some traders giving only a 34% chance for that milestone in 2026.

Bitcoin trades at Rp1.544.871.726 on Pluang as of Oct 02, 2026 16:41 WIB, showing a 2.65% gain in the last day. The platform's order activity leans toward buying at 59%, matching the optimistic sentiment in the news. Typical hold time for Bitcoin on Pluang is 110 days, indicating a medium-term investor interest amid current market conditions.

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