Prediction Markets Lift Odds of Bitcoin Touching $90,000 in October to 64%

Traders are pricing a 64% probability that Bitcoin touches $90,000 during October, up from earlier odds of 59.5%, as prediction market contract volumes reached roughly $1.07 million. Bitcoin traded around $85,500 within an $83,500 to $86,600 consolidation range. Contracts also show an 84% chance of reaching $87,500 and a 45% probability of falling to $80,000. Bullish positioning follows $102.7 million in net inflows into U.S. spot Bitcoin ETFs on Oct. 1, led by $195.6 million into BlackRock's IBIT despite $60.7 million in Fidelity FBTC outflows. Additionally, Citigroup maintained a 12-month target of $113,000.