Bitcoin (BTC) maintains a price objective of $138,000 for 2025 as the market rebounds from U.S. trade duties, new evaluations indicate.
Data related to wagers on the forecasting platform Polymarket implies that BTC/USD might still rise about 60% from current values this year.
“Cautious” Polymarket participants limit BTC price potential at 60%
Forecasts for the Bitcoin bull market have suffered this quarter due to various challenges affecting cryptocurrency and the broader risk-asset landscape.
Currently, an evaluation of all possible BTC price scenarios on Polymarket concludes that the bull market trend may be restricted to approximately 60% before 2026.
The findings were shared on X by user Ashwin on March 27, indicating that price wagers range as low as $59,000.
“The impressive thing about this analysis is that it not only delivers a market sentiment gauge, akin to the Fear and Greed Index, but also aligns with the projected price targets for both bearish and bullish scenarios,” he elaborated.
“This provides a benchmark to compare one’s price prediction against the market’s.”
BTC price objectives on Polymarket. Source: Ashwin/X
Ashwin detailed the approach utilized to evaluate probabilities across various Polymarket sectors, resulting in an estimated BTC price range between $59,040 and $138,617.
“The $138k Bitcoin price target may not appear optimistic to many Bitcoin enthusiasts, who are used to encountering exaggerated valuations. Nevertheless, the market remains careful as it navigates the aftermath of Trump’s tariff uncertainties,” he added.
The subdued expectations for BTC/USD reflect sentiments seen elsewhere. On another prediction platform, Kalshi, the average BTC price target is at $122,000 — merely $11,500 above current all-time highs.
BTC price odds (screenshot). Source: Kalshi
Bitcoin support breakdown remains a concern
As Cointelegraph continues to report, market participants have established critical thresholds that price movements should not breach to safeguard the overall bull market.
Related: Bitcoin price has just abandoned a 3-month downtrend as ‘key shift’ commences
These thresholds include the region surrounding previous all-time highs at $73,800 and the 2021 peak at $69,000.
Earlier this month, a historically reliable forecasting tool, described by its creator as illustrating where Bitcoin “won’t be” in the future, provided a 95% probability of $69,000 maintaining.
In his latest update, renowned trader Aksel Kibar emphasized that the yearly average of $76,000 needs to be preserved.
“It is extremely crucial for the price not to fall below the year-long average,” he stated to X followers on March 26.
BTC/USD chart. Source: Aksel Kibar/X
This article does not contain financial advice or recommendations. Every investment and trading decision carries risks, and readers should perform their own research before making a choice.
