Bitcoin · Bitcoin ETF · Donald Trump · Decrypt
Kalshi users expect Bitcoin to close out the year at $69,000
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
The U.S.-Iran deal does not fix Bitcoin’s fundamental problem of “genuinely soft institutional demand,” Levin said.
Key facts
- Kalshi users expect Bitcoin to close out the year at $69,000, down 45% from its all-time high of $126,080 set in October 2025
- The leading crypto is trading at $65,860, up 2.2% over the past 24 hours and 4% over the past week, according to CoinGecko data
- If Friday’s signing goes cleanly and the Fed does not surprise,” he expects a $66,000 to $70,000 target for Bitcoin at the end of the second quarter
- The Bitcoin network recorded its 11th-largest downward difficulty adjustment ever: a drop of 10.09% at block 953,568, the second-biggest decline of 2026, Galaxy Research tweeted Sunday
Summary
Over $4.8 billion has exited U.S. Bitcoin ETF products since May, and analysts say a peace deal alone won’t bring institutional capital back. The 25-delta options skew remains at -4% to -5%, showing traders are still paying a premium for downside protection over upside exposure. The Fed’s Wednesday meeting and improving institutional demand could help with Bitcoin’s recovery, Decrypt was told. Bitcoin jumped to highs over $65,000 after President Trump announced a completed deal with Iran, but investors remain skeptical about a lasting turnaround for the crypto market. The leading crypto is trading at $65,860, up 2.2% over the past 24 hours and 4% over the past week, according to CoinGecko data.