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Kalshi Traders Bet Against Ongoing Bitcoin Rally

Guavy AI Editorial Team
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BTC
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Bitcoin's recent surge has sent it to heights not seen since May, but traders on prediction market platform Kalshi are skeptical that this rally will continue into next year.

Average contracts on Kalshi estimate that bitcoin's price at the end of 2026 will be around $75,000. This forecast is based on 'yes' and 'no' trades placed on whether the cryptocurrency will trade within various $5,000 ranges at midnight on Jan. 1, 2027.

The surge this week was powered by two key catalysts: an intervention by the U.S. Treasury to ease a sell-off in the bond market, and an event at the White House where President Donald Trump pushed for Congress to approve the market structure Clarity Act proposal.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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