When Will Bitcoin Hit $100k Again? Kalshi Bettors Say Not Soon

The article says Kalshi prediction-market bettors are increasingly bearish on Bitcoin’s ability to reclaim $100,000 anytime soon. Bitcoin is quoted around $62,800, roughly half of its October 2025 all-time high near $126,200. Kalshi odds imply only a 5% chance of BTC crossing $100,000 before November 2026 and 13% by January 2027, with most 2026 pricing clustered around $55,000-$70,000. The piece also notes Bitcoin is down nearly 46% over the past year, remains below its 50-day and 200-day moving averages, and has seen spot Bitcoin ETF flows turn into net outflows. The market message is that a near-term return to $100,000 looks unlikely without a new catalyst, and sentiment has shifted sharply from earlier bullish expectations.