Bitcoin Price Predictions for 2024: Where Do We Stand?

The crypto market is buzzing with anticipation. According to Polymarket, traders are making their bets, and the numbers are telling a story we can’t ignore.

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$150k in November? - The Long Shot

🔴 Only 1.45% of traders think it’ll happen.
Despite the hype, Bitcoin hitting $150k this year feels distant. The volume at ~$70k is relatively low, it's clear that few are confident in this prediction. 

$95k in November? - The Sweet Spot

🟢 A whopping 75.5% of traders say YES.
This seems to be the target most traders are eyeing for November. $95k in November feels achievable based on current trends.

$105k in November? - A Stretch, But Possible

🔴 21% say YES, but it's a bit of a stretch.
The numbers here are a bit more cautious suggesting that while some are hopeful, the $105k target isn't as solid as $95k.

$250k in 2024? - A Moonshot

🔴 Only 1.75% of traders believe it’s possible.
With less volume and no significant shift in open interest, the chance of Bitcoin reaching $250k this year seems almost impossible—the market just isn’t backing it.

$100k in 2024? - The Likely Milestone

🟢 60% of traders are betting YES.
While we’re not there yet, the consensus is strong that Bitcoin could reach $100k in 2024. With 24-hour volume at $281.35k and a 5% change in open interest, $100k seems likely this year.