The odds of Bitcoin hitting $1,000,000 in 2025 are under 10%, and traders on the polymarket are placing their bets on the cryptocurrency’s future. Despite the improbability of the million-dollar milestone, attention is now on where Bitcoin will end up on March 31.
With a 34% chance, most traders think Bitcoin will reach $75,000 before the end of the quarter. With a 16% possibility, $70,000 is the next most likely outcome. The odds of Bitcoin reaching $100,000 are 10%, while a climb to $95,000 has a 22% possibility.
The likelihood of Bitcoin reaching new heights appears to be decreasing daily. The likelihood that it will rise to $110,000 is only 2%, and the likelihood of it reaching $120,000 is much lower at 1%. Dreamers who have their sights set on $150,000 or even $200,000 face odds that are less than 1%.
However, people have wagered over $4.5 million on these possibilities in spite of these enormous odds, indicating that some traders still harbor hopes for a significant breakout.
Bitcoin is currently trading at $83,102, down 1.41% from the previous day. Although its market capitalization remains stable at $1.64 trillion, the trading volume has dropped 32.11%, suggesting that the market has become rather calm.
Most people are putting their money on a gradual increase, but some believe Bitcoin might soon reach six figures. Instead of anticipating a dramatic rocket launch, traders appear to be preparing for a steady upward glide.
