Bitcoin slips below $85,000: Will it hit $100,000 before the end of the year?

Bitcoin’s recent surge above $85,000 has Kalshi traders repositioning odds of when the top crypto asset might hit $100,000 again. 

BTC has jumped around 11% in the last week of trading, but slipped on Wednesday, recently changing hands around $84,265, according to data from CoinGecko. To get to $100,000, it will need to gain approximately 18.6% more from its current level. 

Once deemed unlikely to happen before the end of the year by Kalshi traders, odds have shifted in the last week of trading. As of Wednesday morning, odds of Bitcoin hitting $100,000 before January 2027 are trading at 39%, up 22% in the last week as BTC continued its climb. 

Should it hit the marker, just how high could it go this year?

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

When will Bitcoin hit $100,000 next? 

Bitcoin’s recent price spike is evidence that the $1.7 trillion asset is capable of making big moves in a short amount of time. 

But just how quickly might it be able to breach $100,000? 

Not only have Kalshi traders repriced odds of it hitting the marker by January, but they’ve also boosted the probability of the event occurring even faster. For example, odds of BTC crossing $100,000 in December have jumped to 27%, while odds for doing so by November are now trading at 17%.