Bitcoin Aims For $2.5 Trillion In Market Capitalization Before January

Bitcoin is oscillating between a spectacular breakthrough beyond $100,000 or a brutal drop. After flirting with $99,500, the flagship crypto is stagnant at $98,500. However, market forecasts like Kalshi suggest even more dizzying figures for the end of the year, hinting at a potential historic rally. But what are the real data driving this optimism?

Bitcoin: a historic milestone within reach

The price of Bitcoin continues to show impressive growth, with an increase of nearly 8% over the past seven days. Since November 5, when it was valued at $67,842.12, its price has surged by 45.51%, reaching $98,962 last night. Although a slight drop of 0.2% was recorded in the last 24 hours, the general trend remains optimistic, with particularly ambitious projections.

https://twitter.com/Kalshi/status/1859983047845941662

Prediction markets, such as Kalshi, attribute a 95% probability that BTC will exceed $100,000 by December 31. Even better, these same markets estimate a 13% chance that it will reach $150,000 before the end of the year.

Based on this data, a rally scenario beyond 100K seems increasingly plausible.

BTC Price: rapid growth and numerical projections

Since the beginning of the month, the market has been oscillating between spikes and slight corrections, yet remains overall bullish. A performance similar to that of the second weekend in November (+5.29%) could allow Bitcoin to cross $103,975 as early as Monday, November 25.

On the other hand, other weekends have shown declines (-1.19% and -1.36%), illustrating the persistent volatility of BTC.

End-of-year projections are equally fascinating:

• The expected median price reaches $127,000, a credible rise according to experts;
• If this milestone is reached, Bitcoin’s market capitalization would exceed $2.5 trillion;
• Currently, the capitalization of $1.95 trillion already shows a growth of 42.33% since early November.

These figures reflect unprecedented growth potential, but also significant risks associated with market fluctuations.

Thus, while Bitcoin seems on the verge of breaking through the $100,000 ceiling, some analysts fear a sudden reversal. Traders, meanwhile, oscillate between euphoria and caution, in a market more unstable than ever.