đ Bitcoin Predicted to Surge Past $125K This MonthâPolymarket Traders Double Down
Bitcoin's bull run isn't just aliveâit's sprinting toward six figures. Polymarket's prediction markets now signal overwhelming confidence in a $125K breakout before August. Here's why the smart money's betting big.
The $125K Threshold: More Than Just Hype?
No cherry-picked charts or hopium here. Polymarket's real-money betsâwhere losers pay winnersâshow conviction. The same crowd that called Bitcoin's 2024 rally is now pricing in a 60%+ surge from current levels. Cynics whisper 'overleveraged degenerates,' but the data screams momentum.
Catalysts or Catnip?
Institutional inflows? Check. ETF demand soaking up supply? Obviously. But letâs not pretend Wall Street wonât panic-sell at the first 10% dipâthis is crypto, not a blue-chip stock. One thingâs certain: when Polymarket speaks, even hedge funds lurk in the shadows.
Buckle up. This rocketâs either heading to the moonâor prepping for a very public crash landing.
Polymarket Bettors Back $125K Bitcoin Threshold
According to the poll, 34% of Polymarket bettors believe that bitcoin will cross the $125,000 threshold by the end of July.
In contrast, just 11% of the pollâs participating bettors predict that the cryptocurrency will rally above $130,000 this month.
Meanwhile, just 3% and 1% of the decentralized prediction marketâs bettors believe that Bitcoin will cross the $140,000 and $150,000 marks, respectively.
Crypto Legislation Comes Into Focus for Policy Proponents
News of the Polymarket usersâ predictions comes just one week after Bitcoin reached its all-time high of over $123,000 during a pivotal moment for crypto legislation in the United States.
On Friday, U.S. President Donald TRUMP signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law during an afternoon bill signing at the White House.
I just signed the landmark legislation passed today by House Republicans to strengthen American crypto innovation.
The CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act deliver on President Trumpâs vision to make crypto a Core pillar of the U.S. economy and ensure⌠pic.twitter.com/rnJgq3KaV2
âLet me say, the entire crypto community, for years you were mocked and dismissed and counted out,â Trump said. âYou were counted out as little as a year and a half agoâbut this signing is a massive validation.â
Republican Party officials dubbed the push âCrypto Week,â and the House of Representatives was also able to advance the CLARITY Act and the Anti-CBDC Act despite a failed procedural vote on July 15.
Truth Social Bolsters Bitcoin Treasury Holdings
Truth Social parent organization, Trump Media and Technology Group Corp, announced on July 21 that the company had amassed over $2 billion in purchases in its Bitcoin Treasury, potentially bolstering bullish attitudes toward the cryptocurrency.
âThese assets help ensure our Companyâs financial freedom, help protect us against discrimination by financial institutions, and will create synergies with the utility token weâre planning to introduce across the Truth Social ecosphere,â Trump Mediaâs CEO and President Devin Nunes said.
As of Monday afternoon, Bitcoin is hovering around $116,000.