Polymarket shows 62% chance of BTC staying under $100K this year

The prediction market Polymarket is showing a 62% probability that BTC will remain below $100,000 by the end of the year, The Block reported. Min Jung, an analyst at Presto Research, noted that strong buying demand from institutions and corporations has so far absorbed large-scale sell-offs from whales and long-term holders. However, the analyst added that the price could fall below the $100,000 mark if whales begin to liquidate their positions more aggressively and demand fails to keep pace.