Bitcoin Traders Bet Big on Price Reaching $85,000 by End of September

Despite a recent price correction that pushed Bitcoin below $80,000, traders on the Kalshi platform remain optimistic. They're betting on Bitcoin reaching $85,000 by the end of September.

This bullish sentiment follows a strong rally in August, with traders expecting at least an 8% price increase from current levels around $79,000.

According to these predictions, if this holds true, Bitcoin could close September with a positive return, continuing the upward trend from the previous month and sustaining investor confidence in the asset's momentum.