Analysis: There is a 95% chance that BTC will not fall below $69,000. The annual average price of $76,000 is considered an important support

According to Polymarket's forecast data analysis, the target price of Bitcoin (BTC) for 2025 is $138,000, which still has about a 60% upside from the current price. The analysis points out that despite recent adverse factors affecting the crypto market, BTC's bull market cycle may reach this target before 2026.

The analysis shared by user Ashwin shows that the BTC price prediction range is between $59,000 and $138,600. The market sentiment is relatively conservative due to macro uncertainties such as US trade tariffs. Similar forecasting platform Kalshi's average target price is $122,000 slightly higher than its current historical high.

In addition, market participants believe that BTC needs to hold key price areas to maintain a bull market including previous highs of $73,800 and peak in 2021 at $69,000. Analytical tools show there’s a 95% chance that BTC will not fall below $69k while an annual average of $76k also considered as important support.