Will Bitcoin Finish the Month Above $105K? Traders Are Losing Faith

The recent weakness in Bitcoin’s price has predictors on Myriad feeling bearish about the asset’s next major price milestone—now predicting a dip to $105,000 before it makes a new all-time high at $125,000. Odds of the next stop being $105,000 have increased to 68% in the last week, a gain of more than 25% in that timeframe. The bulk of that move has taken place in the last two days, with odds swinging more than 20% in favor of $105,000 since Wednesday night.