Bitcoin Aims For $2.5 Trillion In Market Capitalization Before January

Bitcoin is oscillating between a spectacular breakthrough beyond $100,000 or a brutal drop. After flirting with $99,500, the flagship crypto is stagnant at $98,500. However, market forecasts like Kalshi suggest even more dizzying figures for the end of the year, hinting at a potential historic rally. But what are the real data driving this optimism?

Bitcoin: a historic milestone within reach

The price of Bitcoin continues to show impressive growth, with an increase of nearly 8% over the past seven days. Since November 5, when it was valued at $67,842.12, its price has surged by 45.51%, reaching $98,962 last night. Although a slight drop of 0.2% was recorded in the last 24 hours, the general trend remains optimistic, with particularly ambitious projections.

Prediction markets, such as Kalshi, attribute a 95% probability that BTC will exceed $100,000 by December 31. Even better, these same markets estimate a 13% chance that it will reach $150,000 before the end of the year.

Based on this data, a rally scenario beyond 100K seems increasingly plausible.

BTC Price: rapid growth and numerical projections

Since the beginning of the month, the market has been oscillating between spikes and slight corrections, yet remains overall bullish. A performance similar to that of the second weekend in November (+5.29%) could allow Bitcoin to cross $103,975 as early as Monday, November 25.

On the other hand, other weekends have shown declines (-1.19% and -1.36%), illustrating the persistent volatility of BTC.

End-of-year projections are equally fascinating:

• The expected median price reaches $127,000, a credible rise according to experts;
• If this milestone is reached, Bitcoin’s market capitalization would exceed $2.5 trillion;
• Currently, the capitalization of $1.95 trillion already shows a growth of 42.33% since early November.

These figures reflect unprecedented growth potential, but also significant risks associated with market fluctuations.

Thus, while Bitcoin seems on the verge of breaking through the $100,000 ceiling, some analysts fear a sudden reversal. Traders, meanwhile, oscillate between euphoria and caution, in a market more unstable than ever.

Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.