Cryptocurrency punters are dialing back expectations for Bitcoin (CRYPTO: BTC) hitting $150,000 this year.
Bitcoin To $150,000 Unlikely In 2026
Polygon (CRYPTO: POL)-based Polymarket currently assigns only a 10% chance of Bitcoin reaching the key milestone in 2026, down from 27% at the start of the year. The odds of it reaching $150,000 by June 30 were unsurprisingly at only 2%.
A whopping $18.36 million has been wagered on the outcome. The market resolves to "Yes" if any BTC/USDT 1-minute candle on Binance on the specified date has a final “High” price equal to or greater than $150,000.
What Are Experts Saying
Several bullish Bitcoin price targets have been revised downward lately. For example, Citigroup lowered its 12-month forecast to $112,000, while Standard Chartered reduced its year-end projection from $150,000 to $100,000.
BitMEX co-founder Arthur Hayes, who reiterated his $250,000 Bitcoin target as recently as March 2026, also lowered it to $125,000 at the Bitcoin 2026 conference in Las Vegas.
Bitcoin rallied to its all-time high of $126,198 in October 2025. Since then, the apex cryptocurrency has fallen over 30%.
Price Action: At the time of writing, BTC was exchanging hands at $76,902.26, down 0.94% over the last 24 hours, according to data from Benzinga Pro.
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