Bitcoin rallies past $97K as market odds show 72% chance of hitting $100K this month

PermabullPete · 2026-01-14T18:20:23+00:00

Bitcoin surged past $97,300, marking an eight-week high and a gain of over $10,000 since the start of 2026. A prediction market indicates a 72% chance of hitting $100,000 by month's end, contributing to a broader crypto market increase.

PermabullPete

2026-01-14 18:20:23

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Source: CryptoBriefing Original Title: Bitcoin rallies past $97K as Polymarket odds show 72% chance of hitting $100K this month Original Link: Bitcoin surged to a new eight-week high on Wednesday, crossing $97,300 amid renewed momentum across the crypto market. The rally continues a strong start to 2026, with Bitcoin gaining over $10,000 since opening the year near $87,000.

Traders appear to be positioning for further upside, with prediction market odds now assigning a 72% chance of Bitcoin reaching $100,000 before the end of January.

The rally lifted the broader crypto market by over 4% in the past 24 hours, pushing total market capitalization to $3.34 trillion. Ethereum climbed near $3,400, Solana hit $148, and XRP reached $2.17, reflecting broad-based strength among major assets.

In the past 24 hours, crypto markets saw $783 million in liquidations, driven by Bitcoin’s rally. Data shows $682 million in shorts and $101 million in longs were wiped out, with most of the impact concentrated in BTC and ETH futures.

BTC-0,64%

ETH-0,64%

SOL-0,47%

XRP-1,3%

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probably_nothing_anon

· 01-17 12:36

Uh, 72%? Is this probability serious... Feels like the market is blowing a bubble.

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ChainChef

· 01-17 11:52

honestly the recipe's looking spicy rn... $97k is just simmering towards that $100k mark, but something's been bothering me about these polymarket odds ngl. feels like people are extrapolating too much from short-term momentum tbh. the market appetite is there, sure, but i'd marinate on this before going all-in fr

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JustHodlIt

· 01-17 10:37

Just 3k away from breaking 100, this time there's really a chance... What does the 72% probability indicate? It suggests that institutions are all waiting for this wave.

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GateUser-75ee51e7

· 01-14 18:50

Oh my god, isn't $97K enough to be impressive? 72% chance to break 100K this month... I bet 5 bucks it'll surpass it.

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DarkPoolWatcher

· 01-14 18:47

97K has been broken, and there's a 72% chance to break 100K within this month? Honestly, that's a bit exaggerated... but it's not impossible, just worried that it won't push through in the end and will crash the market again.

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SchrodingersPaper

· 01-14 18:46

Still hesitating at 97K? Just go all in and hit 100K, brother. With a 72% chance, who can resist... (No, I mean, this is a rational analysis)

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ImpermanentLossFan

· 01-14 18:43

If you don't reach 100,000 soon, you'll be trapped. What happened to the end-of-month push?

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SnapshotDayLaborer

· 01-14 18:41

97K has been broken, feels like 100K is just around the corner... The casino's win rate is already at 72%, is this really the time?

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TokenTaxonomist

· 01-14 18:28

tbh the 72% on polymarket is just people gambling with their own biases at this point... let me actually pull up my data on prediction market accuracy and yeah, it's taxonomically questionable at best lmao

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