Polymarket Traders Bet on $115K Bitcoin in July With 60% Confidence

In Brief:

Prediction market Polymarket shows a 60% chance of BTC reaching $115,000 in July.

Traders are increasingly bullish, with low confidence in sub-$100K levels.

According to decentralized prediction market Polymarket, traders now believe there's a 60% probability that Bitcoin (BTC) will reach $115,000 before the end of July 2025. This marks an 8% increase in confidence from the previous day, reflecting rising bullish sentiment across the crypto sector.

The Buy Yes price for this range is currently 60 cents, while Buy No is at 41 cents, with the total volume traded reaching $252,000.

Beyond that, the $120,000 range shows a 33% predicted probability and $413,000 in trading volume, while the $130,000 target stands at 8% with a higher liquidity profile and $432,000 in volume.

Conversely, sentiment has weakened significantly for bearish predictions. Confidence in BTC ending July below $100,000 is fading, with only 8% probability assigned to $90,000, 19% to $95,000, and 38% to $100,000.

The data underscores a clear shift among Polymarket investors towards the $110K–$120K range, suggesting an expectation of further upward momentum for Bitcoin this month.

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