Will Bitcoin’s Price Hit $50,000 This Year? Here’s What Bettors Think After Trump Tariffs Spark $465M Liquidations

The odds of Bitcoin’s price falling below $55,000 in 2026 rose to 72%, while on Kalshi most bettors backed Bitcoin’s price falling below $50,000 this year.

• Traders on both Kalshi and Polymarket favored Bitcoin’s price going below $60,000 in February.
• On Stocktwits, retail sentiment around Bitcoin continued to trend in ‘bearish’ territory over the past day amid its volatile price movements.
• Bitcoin’s drop below $65,000 triggered $465 million in liquidations over the last 24 hours, with most of that coming from long positions being wiped out. 

The odds of Bitcoin’s (BTC) price going below $55,000 rose on predictions markets on Sunday night after the apex cryptocurrency momentarily dipped below the $65,000 mark.

According to Polymarket data, the numbers of bets on Bitcoin’s price going below $55,000 in 2026 rose by 14% to 72% over the past 24 hours, making it the most likely outcome across available contracts. The odds of Bitcoin’s price dipping below $50,000 rose by 9% to 61%.

On Kalshi, most bettors backed Bitcoin dropping below $50,000 in 2026. Traders on both platforms favor Bitcoin’s price going below $60,000 for February. 

Why Is Bitcoin’s Price Down?

Bitcoin’s price took a hit on Sunday night following President Donald Trump’s announcement that he would be implementing a 15% import tax on all goods being imported into the U.S. This follows a Supreme Court judgement on Friday that stuck down his previous global tariffs.