Bitcoin’s Path to $100K or $120K Uncertain as Prediction Markets Shift and Charts Diverge

• Prediction market odds flipped from 75% chance of $100K to 52% for $120K in just three days.

• Bitcoin trades around $110,000 after a 1.75% daily gain, recovering from October lows.

• Fear & Greed Index at 29 indicates fear, yet ETF outflows of $366 million contrast with $150 billion in futures open interest per Coinglass data.

Explore the latest Bitcoin price prediction as markets reverse from crash fears to bullish bets on $120K. Technical charts reveal split signals—stay informed on crypto trends for smarter trading decisions today.

What is the Current Bitcoin Price Prediction?

Bitcoin price prediction currently points to a contentious battle between bearish and bullish forces, with prediction markets like Myriad showing 52% odds for BTC reaching $120,000 before $100,000. Trading at approximately $110,000, Bitcoin has rebounded 1.75% in the last 24 hours from lows near $107,452, defying a historically weak October. While short-term sentiment has turned optimistic, technical indicators suggest caution as the market consolidates amid ongoing volatility.

Do Bitcoin Charts Support the Reversed Bullish Odds?

Bitcoin’s daily chart presents a bearish outlook, with the Relative Strength Index (RSI) at 44.15, below the neutral 50 threshold, indicating sustained selling pressure from bears. The Average Directional Index (ADX) at 27 signals a weak trend formation following recent corrections, lacking the conviction needed for a strong directional move—ideally, readings above 30 would confirm momentum. Exponential Moving Averages (EMAs) offer some long-term hope, as the 50-day EMA remains above the 200-day EMA, a bullish crossover that underscores an upward trajectory despite current prices trading below key short-term supports.

The Ichimoku Cloud further reinforces bearish control, with both current and future support levels breached; reclaiming the cloud around $114,000 to $116,000 would be essential for bulls to regain footing. On the four-hour timeframe, however, optimism emerges with RSI climbing to 57.6, reflecting building buying momentum above 50 but not yet overbought. The Squeeze Momentum Indicator has triggered a bullish impulse, hinting at short-term gains that could challenge immediate downside risks.

Data from TradingView illustrates these dynamics, showing Bitcoin’s price action hovering in a critical zone after the broader crypto market’s challenging October—the worst since 2019. Despite U.S. Bitcoin ETF outflows totaling $366 million on Friday, institutional demand persists, evidenced by futures open interest exceeding $150 billion according to Coinglass. Analysts note this underlying accumulation, suggesting the Fear & Greed Index’s 29 reading in “fear” territory may not capture the full picture of quiet institutional buying.

Frequently Asked Questions

Will Bitcoin Crash to $100,000 Despite Recent Prediction Market Shifts?

The possibility of Bitcoin crashing to $100,000 remains viable based on daily chart bearishness, including RSI below 50 and a weak ADX trend. However, four-hour bullish signals like rising RSI and Squeeze Momentum suggest a potential retest of lower supports rather than a full crash, with long-term EMAs supporting an overall uptrend—traders should monitor $107,000-$108,000 as a key bounce zone amid 52% market odds favoring $120,000 first.

What’s the Current Sentiment in Bitcoin Prediction Markets and Technical Indicators?

Bitcoin prediction markets on platforms like Myriad have reversed to 52% odds for hitting $120,000 before $100,000, up from 75% bearish bets three days ago. Technicals are mixed: daily charts show bearish control with RSI at 44, while four-hour views indicate short-term bullish pressure via RSI at 57 and positive momentum signals, pointing to possible consolidation as the Fear & Greed Index lingers at 29.

Key Takeaways

• Prediction Market Volatility: Odds flipped from 75% for $100K to 52% for $120K, reflecting rapid sentiment changes on Myriad amid Bitcoin’s $110K trading level.
• Bearish Daily Signals: RSI at 44 and Ichimoku Cloud breach indicate sellers’ edge, with weak ADX at 27 suggesting no dominant trend yet.
• Bullish Short-Term Hope: Four-hour RSI at 57 and bullish Squeeze signal potential upside, reinforced by long-term EMA crossover—focus on risk management for uncertain markets.

Conclusion

In summary, Bitcoin price prediction remains fluid as markets grapple with reversed odds on platforms like Myriad and conflicting chart signals—bearish on daily views yet potentially bullish in shorter frames. Drawing from data by Coinglass and TradingView, institutional interest via high futures open interest counters ETF outflows and fear-driven sentiment, highlighting the need for patience. As Bitcoin navigates this uncertainty, traders should prioritize defined strategies; looking ahead, a decisive breakout could clarify the path to $120,000 or test $100,000 supports—stay tuned to Coinotag for ongoing crypto insights.

Published by COINOTAG on November 15, 2025. Last updated: November 15, 2025. This article is for informational purposes only and does not constitute financial advice. All data sourced from public market analyses including Myriad, Coinglass, and TradingView.

Bitcoin price data. Image: Tradingview

Bitcoin price data. Image: Tradingview

Bitcoin price data. Image: Tradingview

Disclaimer: The views and opinions expressed are for informational purposes only and do not constitute financial, investment, or other advice.