Will Bitcoin hit 100,000 on May?
Will Bitcoin hit 100,000 on May?
9
Ṁ324
May 31
43%
chance

Background

Bitcoin (BTC) is the world's first and largest cryptocurrency by market capitalization. After reaching all-time highs in late 2024, surpassing the $100,000 mark for the first time in its history, market participants are now speculating about Bitcoin's price trajectory in May 2025.

Current forecasts from cryptocurrency analysis platforms like Changelly suggest Bitcoin's average trading value in May 2025 could be around $100,045.41, though with potential fluctuations. The general market sentiment remains bullish due to Bitcoin's finite supply (capped at 21 million coins) and increasing institutional adoption.

Resolution Criteria

This market will resolve to YES if the price of Bitcoin (BTC) reaches or exceeds $100,000 USD at any point during the month of May 2025 on major cryptocurrency exchanges (such as Binance, Coinbase, or Kraken).

The market will resolve to NO if Bitcoin fails to reach the $100,000 USD threshold at any point during May 2025.

For resolution purposes, the price will be determined using widely recognized price aggregators such as CoinMarketCap or CoinGecko, which calculate average prices across multiple exchanges.

Considerations

Cryptocurrency markets are highly volatile and can be influenced by numerous factors including:

  • Regulatory developments

  • Macroeconomic conditions

  • Technological advancements or setbacks

  • Institutional adoption rates

  • Market sentiment and speculation

Past performance is not indicative of future results, and while Bitcoin has previously reached the $100,000 mark, there's no guarantee it will maintain or return to that level by the specified timeframe.

#Economics
#️ Technology
#️ Bitcoin
#Prices
#Crypto
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