Bitcoin price action just caught attention on derivatives platform Kalshi—traders are pricing in bullish scenarios with forecasts pointing toward $121K within the year. Recent trading activity suggests strong conviction around this level. The bet data reflects how markets are currently weighing near-term momentum and longer-term growth potential for BTC. Worth keeping tabs on whether these contract prices shift as macro conditions evolve.
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CryptoNomics
· 4h ago
lol, $121k predictions on kalshi? that's just noise from unsophisticated bettors who haven't even glanced at the bitcoin stock-to-flow regression model. the correlation matrix between derivatives volume and actual price discovery is statistically insignificant here, ngl
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ForkInTheRoad
· 12h ago
121k, this number is a bit outrageous, it feels like another round of the leek feast.
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ruggedNotShrugged
· 12h ago
121K? To be honest, that's a bit aggressive, but the trading activity definitely isn't low... Kalshi's data really reflects the sentiment quite well.
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MetaverseVagabond
· 12h ago
121k? Dreaming, right? A macro downturn would directly cut it in half.
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not_your_keys
· 12h ago
121K? Honestly, that's a bit optimistic, but these folks on Kalshi are playing pretty aggressively.
Bitcoin price action just caught attention on derivatives platform Kalshi—traders are pricing in bullish scenarios with forecasts pointing toward $121K within the year. Recent trading activity suggests strong conviction around this level. The bet data reflects how markets are currently weighing near-term momentum and longer-term growth potential for BTC. Worth keeping tabs on whether these contract prices shift as macro conditions evolve.