Donald Trump

Bitcoin

when

Bitcoin’s price is all the rage right now, charting one all-time high after another and raging on during its price discovery phase. 
At the time of this writing, the cryptocurrency exploded above $88,000, increasing by a massive 10.6% in the past 24 hours alone. 
<figure id="attachment_370152" aria-describedby="caption-attachment-370152" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36.png" data-wpel-link="internal"><img class="size-full wp-image-370152" src="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36.png" alt="" width="3250" height="1586" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36.png 3250w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36-300x146.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36-1024x500.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36-768x375.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36-1536x750.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36-2048x999.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD_2024-11-11_23-31-36-50x24.png 50w" sizes="(max-width: 3250px) 100vw, 3250px"></a>
 <figcaption id="caption-attachment-370152" class="wp-caption-text">
 Source: TradingView
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</figure> 
Last week, when Donald Trump won the 2024 US Presidential Elections, CNBC analysts predicted that Bitcoin’s price will reach $100K by the end of the year. 
Interestingly enough, there’s a market for that on Polymarket – the most popular crypto prediction platform, and the odds of it happening are also going sky-high. 
<figure id="attachment_370153" aria-describedby="caption-attachment-370153" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-11-at-23.31.16.png" data-wpel-link="internal"><img class="size-full wp-image-370153" src="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-11-at-23.31.16.png" alt="" width="1262" height="788" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-11-at-23.31.16.png 1262w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-11-at-23.31.16-300x187.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-11-at-23.31.16-1024x639.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-11-at-23.31.16-768x480.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-11-at-23.31.16-50x31.png 50w" sizes="(max-width: 1262px) 100vw, 1262px"></a>
 <figcaption id="caption-attachment-370153" class="wp-caption-text">
 Source: Polymarket
 </figcaption>
</figure> 
Currently trading at $88,000, Bitcoin is just 13.6% away from the coveted target that will surely go down in crypto history. 
Meanwhile, the derivatives market is as heated as ever, with liquidations soaring past $120 million in the past 4 hours alone. The overwhelming majority of these ($109M) stem from overleveraged short positions. 
The post <a href="https://cryptopotato.com/bitcoin-price-12-away-from-100k-bullish-odds-on-polymarket-soar/" rel="nofollow">Bitcoin Price 13.6% Away From $100K, Bullish Odds on Polymarket Soar</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.

Bitcoin Price 13.6% Away From $100K, Bullish Odds on Polymarket Soar

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