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Traders see just a 1% chance Bitcoin hits $100K this month despite recent rally.

Market News
25 Aug 2026
Proactive Investors
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Neutral
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Polymarket's market data shows traders assign only a 1% probability that Bitcoin will reach $100,000 by the end of August, despite a 27.5% price rise this month to around $80,420. The odds for Bitcoin hitting $90,000 or above remain low, while more modest targets like $82,500 and $85,000 have higher probabilities, reflecting cautious optimism. The recent rally is driven by macroeconomic factors, including the US Treasury's bond buyback plan weakening the dollar, rather than strong crypto fundamentals. Analysts suggest this support may hold Bitcoin up temporarily but is unlikely to sustain a major breakout soon.

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