Prediction markets bet that bitcoin will not reach $100,000 by the end of the year

According to Jinse Finance, most traders on Polymarket and Kalshi expect the price of bitcoin to remain below $100,000 over the next 21 days. As of December 11, bettors on Kalshi believe there is about a 34% chance that bitcoin will break $100,000 before December 31. Polymarket estimates the probability of bitcoin reaching $100,000 by the end of 2025 at 29%.