Bitcoin's recent surge of over 20% this week has brought its price to levels not seen since May, driven by two main factors: U.S. Treasury interventions aimed at stabilizing the bond market and a White House event advocating for the Clarity Act proposal. However, traders on Kalshi predict that Bitcoin will end 2026 at approximately $75,000, slightly lower than its current trading price.
This forecast reflects a shift from earlier predictions, where traders expected Bitcoin to close the year around $66,000. The contracts on Kalshi allow traders to speculate on Bitcoin's price within specific ranges, using data from CF Benchmarks for resolution.
The cautious sentiment among traders suggests that while Bitcoin has experienced a rally, expectations for significant further gains may be limited