How Low Will Bitcoin Go This Year? Kalshi Bettors See More Pain On the Way
How low will Bitcoin go this cycle? This is a question on many investors’ lips as the asset trades at around $63,400 today, up 1% over the past 24 hours.
Bitcoin has spent 2026 grinding through one of its choppiest stretches since the last bear market, and traders on prediction platforms like Kalshi are now putting real money behind guesses about just how far it could still fall before the year is out.
As of mid-August, bitcoin was trading in the low-$60,000s, roughly half its October 2025 all-time high near $126,000. That drawdown alone has been enough to shake confidence, and Kalshi’s event contracts, which let users bet yes or no on specific price outcomes, are painting a picture of genuine, if measured, unease about further downside.
Prediction markets, specifically Kalshi, have multiple markets betting on how low Bitcoin will go, and BTC bulls look away now, as the majority don’t believe the bottom is in just yet.
How Low Will Bitcoin Go: What the Kalshi Odds Say
On Kalshi’s “how low will bitcoin get this year” market and related year-end price-range contracts, traders have priced in a 57% chance that bitcoin falls below $50,000 before 2026 ends, according to recent market snapshots.
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