Bitcoin is trading above $86,000: How high will BTC go this year?

“Uptober” is off to a good start for Bitcoin. 

Will it continue its run this October? What about through the rest of the year? 

^{For informational purposes only. Not trading advice. See full disclaimer below.}

How high will Bitcoin go in October? In 2026?

On October 6, 2025, Bitcoin reached a new all-time high price above $126,000. Exactly one year later, the asset is changing hands around $86,000, nearly 32% off the high watermark. 

But traders have also repriced odds for the asset to make even larger gains on a slightly longer time horizon. 

Kalshi traders improving odds for BTC to cross $130,000 by July

Odds for the feat to occur before July 8, 2027 are now priced at 31%, up eight percentage points since the market opened. A quicker surge, like one to $130,000 by January 21, 2027, is priced at 10% as traders weigh the odds of a significant Q4 boost from BTC. 

Bitcoin the most likely cryptocurrency to finish the year positive

In addition to an uptick in ETF inflows, other technical bull signals are flashing, showcasing signs that a BTC run may be in store as the year draws to a close. 

Only two other crypto assets have at least a 50% chance to finish positive in 2026 according to Kalshi traders: Stellar Lumens (XLM) and Chainlink (LINK).