Bitcoin Traders Expect Dip Below $100K: Market Sentiment Turns Bearish

A recent analysis of Kalshi trading data suggests that Bitcoin may experience a downturn before year-end, with 69% of traders predicting its price will stay below $100,000. This bearish sentiment is further bolstered by concerns around macroeconomic factors and a lack of momentum above key resistance levels. Even more alarming, 34% of Kalshi participants expect Bitcoin to fall below the $90,000 mark before the year concludes. While previous rallies in 2025 pushed Bitcoin toward record highs, this shift reflects growing caution among investors as the year winds down.