Bitcoin Unlikely to Hit $100,000 This Year: Kalshi
TL;DR
Bitcoin is facing significant selling pressure, making it unlikely to reach the $100,000 mark this year, according to Kalshi's bearish forecast.
Key points
- Bitcoin faces selling pressure from retail and institutional traders
- Kalshi forecasts Bitcoin will not hit $100,000 this year
- Investor sentiment on Bitcoin has turned bearish
Bitcoin has continued to face selling pressure among both retail and institutional traders, and it is increasingly becoming unlikely that it would reclaim the long-anticipated $100,000 level this year.
While uncertainties concerning the asset's next price action have continued to grow, recent data provided by crypto prediction platform Kalshi shows an extremely bearish forecast for Bitcoin.
BREAKING: Our traders forecast Bitcoin will NOT hit $100,000 this year pic.twitter.com/vTDaLb7bga
— Kalshi Crypto (@Kalshi_Crypto) May 22, 2026
Bitcoin chances of hitting $100,000 fall flat
While investors' sentiments on Bitcoin have increasingly turned bearish, Kalshi revealed its traders now believe that there is no chance for Bitcoin to hit $100,000 this year.
The forecast, which has sparked discussions across the crypto market, comes as Bitcoin continues to fail every attempt to break past $84,000.
While its price has continued to trade steadily below $80,000 since the past week, it appears that traders no longer see the possibility of a major price breakout for Bitcoin.
As its price continues to struggle to reclaim recent highs, the price of Bitcoin shows a 3.14% decline over the past week and a mild 0.43% decline over the last 24 hours.
Following the weak price moves, Bitcoin is trading at $76,794 as of writing time. Amid the persisting sell-side pressure, Bitcoin would need to surge by about 40% to set a new price record. It is highly unlikely that this would happen this year per forecast from Kalshi traders.
Bitcoin's institutional investors relent
The bearish sentiment on Bitcoin has become more evident in its steady ETF withdrawals as institutional investors appear to be backing down.
Over the last week, the Bitcoin ETFs have recorded steady withdrawals on all days of the week. No fresh capital flowed into the Bitcoin ETF market all week.
This weak ETF performance has further sparked fear among retail investors amid speculations of another prolonged price correction as traders begin to take caution.
Q&A
Why is Bitcoin unlikely to reach $100,000 in 2026?
Bitcoin is experiencing selling pressure from both retail and institutional traders, leading to a bearish outlook.
What does Kalshi predict for Bitcoin's price this year?
Kalshi predicts that Bitcoin will not hit the $100,000 level in 2026, reflecting a lack of confidence among traders.
How have investor sentiments changed regarding Bitcoin's price?
Investor sentiments have turned increasingly bearish, contributing to the belief that Bitcoin will not reach $100,000 this year.
