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Bitcoin Is Not Stopping At $123,000 — Technical Indicators Point To $140,000 Top

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Crypto markets set Bitcoin’s next record high after BTC clinches $123,000 ATH

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Sentiments across the cryptocurrency market remain elevated on the bullish side after Bitcoin (BTC) reached an all-time high of over $123,000. To this end, prediction markets are suggesting that the maiden cryptocurrency is likely to see more upside in the coming months. Specifically, traders on cryptocurrency betting platform Polymarket see an 84% chance that BTC will reach at least $130,000,  the highest-probability outcome, according to the latest data retrieved by Finbold on July 13. The next most likely level is $150,000, with a 53% chance. Beyond that, optimism wanes but remains notable, with a 20% probability that Bitcoin will reach $200,000 and a 10% chance of surpassing $250,000. At the extreme end, the platform assigns a 3% chance that Bitcoin will reach $1 million by 2025. Bitcoin price prediction for end of 2025. Source: Polymarket Meanwhile, some traders are hedging for a potential correction, as lower price targets like $70,000 (13%), $50,000 ...