The betting markets aren't too confident

The betting markets are saying bitcoin has roughly the same odds as a coinflip of hitting $100k this month.

Check this out:

(Source: https://x.com/BitcoinNewsCom/status/1856745468551672296/photo/1)

The kalshi betting market has bitcoin with only a 50% chance of hitting $100k this month.

That may not sound great but if you look down at the bottom of that picture above, you can see that those same markets are saying there is roughly a 65% chance of hitting $100k by January.

So, perhaps a bit of a breather here for a couple weeks then we take out $100k in December.

That seems to be what the betting markets think.