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$105,000 per Bitcoin in December is a figure that convinces gamblers.
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By 2025, analysts and traders have made much more bullish predictions for bitcoin.
According to bets on the Polymarket platform, the price of bitcoin (BTC) has not yet peaked this month. The majority of users are predicting an escalation to new price records before the end of 2024.
Currently, there is an open call on the platform where users can bet different figures that the price of bitcoin in December. There are more than 7 million dollars (USD) bet on different quotes.
The price that currently registers the most staked capital (USD 2 million) is USD 105,000, with 63% voting that it will exceed it and the rest that don’t.
Meanwhile, the three bets on higher prices have accumulated almost the same volume, but adding all of them (around USD 1.3 million each). These are for USD 110,000, USD 120,000 and USD 130,000. However, none of them has achieved a majority of votes in favor.
For the first of these three, 42% have voted that BTC will reach it, while for the other two only 20% and 10% have done so respectively. This indicates that Polymarket users are seeing a rise in bitcoin to $105,000 in December as more likely than higher prices.
The other two figures that users can bet on in this call are lower than the current values: USD 90,000 and USD 85,000, figures that register 43% and 22% in favor respectively. However, it should be noted that these have accumulated less than half the capital of the others (around USD 400,000 each).
Bets on what price bitcoin will hit in December. Fountain: Polymarket.
The only bet within this call that has already ended is for the price of USD 100,000, when bitcoin surpassed it last week for the first time in history. At the moment, the highest value it has touched so far in December has been USD 103,600, marking a new historical record, and the lowest USD 92,300.
BTC-USD price so far in December. Fountain: TradingView.
Polymarket is a platform for betting cryptocurrencies in various votes that has gained popularity this year. That’s why has become a useful tool for gauging market sentiment. Although, it should be taken into account that this may show a biased view of general thinking, since it is only about its users.
Bitcoin Bulls Still Strong For 2025
In tune with bets on the platform, the team of analysts at the Ripio exchange sees a rise possible above USD 105,000 in the next few days. As indicated in a note sent to CriptoNoticias, the buying flow of the currency that pushed its price to a new historical maximum could take its price to such a level.
In any case, USD 100,000 was a strong psychological mark highly anticipated by the market, even since the previous bullish cycle that occurred in 2021. Therefore, some do not rule out the possibility of a consolidation stage around this area before continue upward.
Nevertheless, There is a prevailing consensus among specialists that the currency will reach new record prices next year. “Most investors and analysts agree that the market’s bull run will continue during 2025,” declared Sebastián Serrano, CEO of Ripio.
“I see a scenario where we can easily talk about a high value, between USD 150,000 and USD 200,000 by 2025,” said the head of Ripio.
Different factors such as the start of Donald Trump’s presidential term in the United States in January, who intends to include bitcoin in his national reserves, lead to bullish expectations for 2025.
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