CandleFocus Polymarket Predicts 61% Chance of 2024 Bitcoin All-Time High, 17% for $100K
2024-09-29
Author: Content Editor
The crypto community is anticipating big price moves for bitcoin in October, with many predicting that it will surpass its all-time high before the end of the year. Polymarket, a predictions platform, shows a 61% chance of bitcoin breaking its previous record. October, also known as "Uptober," historically has provided strong returns for bitcoin. As of September 29, bitcoin is priced at $65,707, just 11% below its all-time high. However, while many are betting on bitcoin setting a new high, the chances of reaching $100,000 or $250,000 this year are much lower. The Changelly blog predicts that bitcoin will surpass its all-time high by October 2, 2024, with a price forecast of $75,256 on that day. Despite the uncertainty, the market remains fueled by hope and data-driven strategies as participants track the charts for new opportunities.
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