Bitcoin (BTC) Predicted to Hit $86,000 This November: Kalshi

Bitcoin is finally regaining momentum after it retested previous low levels around the $75,000 mark following the recent crypto market volatility. While market sentiment appears to be shifting following the brief price resurgence seen in the last day after Bitcoin reclaimed $80,000, traders on the Kalshi prediction market are regaining confidence in the asset and are heavily betting on further price increases this month. Latest data showcased on Kalshi shows that the majority of traders on the platform have bet on Bitcoin reclaiming $86,000 before the end of November. While $86,000 may seem like a pretty decent target, the price level was last reached on October 4, suggesting that Bitcoin has continued to trade below this mark for over one month.

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