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Prediction markets had a breakout moment during the presidential election<\/a>, when they proved to be more accurate than most opinion polls. <\/p>\n So with various cryptocurrencies soaring since Donald Trump won the election, maybe prediction markets can accurately answer the question, \u201cHow high will Bitcoin go?\u201d<\/p>\n On the crypto-based Polymarket<\/a>, where the so-called French whale<\/a> netted a massive post-election windfall, bettors have various options for Bitcoin, which is currently trading at about $91,000.<\/p>\n For a contract on what price Bitcoin will hit in November, the odds are 72% that it will reach $95,000. The price with the next highest odds is $105,000 at 23%, then $110,000 at 14%.<\/p>\n A separate contract that asks if Bitcoin will be above $90,000 on Nov. 22 shows 60% odds, while yet another contract asking if Bitcoin will reach $100,000 in November only has a 42% chance.<\/p>\n On the prediction market Kalshi<\/a>, a contract that asks how high Bitcoin will get before 2026 shows 52% odds for $125,000 or above and 44% odds for $150,000 and above.<\/p>\n If prediction markets aren\u2019t your thing, and you prefer a forecast from a more conventional Wall Street analyst, there\u2019s Fundstrat Global Advisors cofounder Tom Lee.<\/p>\n Among the\u00a0forecasters surveyed by Bloomberg<\/a>, his stock market call in 2023 turned out to be\u00a0the most accurate<\/a>.<\/p>\n As for Bitcoin, he said in March that it could hit $150,000 by year-end. While that looks less likely now with just a month and a half left in the year, Lee told CNBC<\/a> last week that \u201csix figures\u201d is still possible before the end of the year with more gains in 2025 in 2026.<\/p>\n \u201cI think now because post-halving, Bitcoin is becoming a lot more relevant, and I think maybe the regulatory overhang is diminishing, there\u2019s a lot of upside from here,\u201d he explained.<\/p>\n Bitcoin has already soared 32% so far in November alone and has more than doubled this year. To get to $100,000, it would have to climb another 10%. <\/p>\n But there are signs that the post-election rally is stalling as the stock market notched a losing week. Still, key components of the \u201cTrump trade\u201d are riding high, like Tesla<\/a> stock, Treasury yields, and the dollar.<\/p>\n Meanwhile, Quinn Thompson, the founder of the crypto hedge fund\u00a0Lekker Capital<\/a>, told\u00a0Fortune<\/em> this past week that he\u2019s optimistic Bitcoin will attain the $100,000 milestone soon<\/a>.<\/p>\n \u201cI feel good that we hit it by year-end,\u201d he said. \u201cVery possible by end of month, but we\u2019ll see.\u201d<\/p>\n<\/div>\n\n