Bitcoin Price Predictions Flip Bullish, But Ethereum Is Still Stuck
Bitcoin surged to nearly $74,000, reducing its losses to 43% below its October all-time high. Predictors on Myriad now lean bullish short-term, giving a 53% chance of BTC reaching $84,000 before falling to $55,000, a level previously identified as a bear market low. This shift follows a 7.5% price jump. Analysts remain divided, with some optimistic that “the worst is behind us,” while others question the rally’s sustainability. Ethereum experienced its largest ETF inflows in two months, briefly reaching nearly $2,200. However, predictors assign a 58% probability of ETH dropping to $1,500 before a possible recovery to $3,000. Markets on Polymarket and Kalshi remain pessimistic about Ethereum’s near-term prospects: only a 39% chance of trading above $2,500 this month and just 15% for an all-time high at $5,000 this year. ETH is currently around $2,066, having dropped 3.5% from its recent high, with its $249 billion market cap at risk of being surpassed by Tether’s USDT.
