Crypto

Kalshi Traders Bet on Bitcoin Slump to $75K After 20% Rally

Guavy AI Editorial Team Published August 22, 2026

Instruments

BTC

Bitcoin's recent 20% weekly rally pushed its price above $77,000, but traders on Kalshi are tempering expectations. They expect some of those gains to fade by year-end.

Kalshi contracts put Bitcoin at about $77,000 in December, suggesting traders see limited upside after the recent surge.

Before Wednesday's rally, contracts priced Bitcoin at about $66,000 for year-end, highlighting how quickly expectations have shifted.

The Wire

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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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