The prediction on Polymarket that "Bitcoin will fall below $100,000 by the end of the year" has a 61% probability.

On August 28th, although some analysts hold the view that Bitcoin's price will reach $200,000 by 2026, the majority of Polymarket bettors are wagering that by the end of this year, Bitcoin's price will decline below $100,000. As of Wednesday, the trading volume betting on whether Bitcoin will fall below $100,000 this year indicates that the likelihood of dropping below $100,000 is 61%. This figure is slightly lower than the prediction on Monday when 72% of bettors forecasted that Bitcoin's trading price would once again drop below $100,000 this year. Presto Research analyst Min Jung stated: "Up to now, the large-scale sell-offs by whales and long-term holders have encountered sufficient buyer demand - especially from corporate treasuries and institutional allocators. However, the crucial question is whether there are enough new entrants to absorb this supply if these large holders start to unwind more aggressively. If demand fails to keep up, breaking below $100,000 becomes more likely." 21Shares cryptocurrency investment expert David Hernandez said: "Bitcoin's sell-off is a manifestation of market maturation. Paradoxically, although a sharp correction may dampen short-term enthusiasm, it may also trigger a healthier market by redistributing supply from concentrated whales and corporations to a broader base of retail and institutional hands, ultimately strengthening Bitcoin's long-term foundation."