Cryptocurrency bettors have dialed back hopes about Bitcoin (CRYPTO: BTC) reaching $100,000 in 2026, even as SkyBridge Capital founder Anthony Scaramucci remains optimistic about the asset reclaiming that key milestone.
Prediction Market Skeptical About $100,000
Polygon (CRYPTO: POL)-based Polymarket currently assigns only an 8% chance of Bitcoin topping $100,000 before Dec. 31, down from a peak of 92% in January, and 50% in May.
In fact, punters are pricing in less than a 15% chance of Bitcoin hitting $90,000 this year, and only a 31% chance of it topping $80,000.
Markets are betting heavily on the downside, with a 76% chance that Bitcoin falls below $60,000. About $53.75 million has been wagered on the outcome.
Scaramucci Stays Bullish for the Long Haul
Even as Bitcoin endures a prolonged bear market, forecasts surrounding its price action have intensified
SkyBridge Capital founder Anthony Scaramucci said that Bitcoin is “going to grind for a while, but will eventually move back up over $100,000. He, however, did not specify a timeframe.
Scaramucci argued that Bitcoin’s drawdown of roughly 55% is shallower than previous cycles, indicating that a larger base of net buyers is building positions ahead of the next bull phase.
Notably, Standard Chartered also maintained its $100,000 year-end 2026 price target for Bitcoin in a research note published last month.
Price Action: At the time of writing, BTC was exchanging hands at $64,336, up 0.43% over the last 24 hours, according to data from Benzinga Pro.
Photo Courtesy: Al Teich On Shutterstock.com
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