What Kalshi's Bitcoin Bets Reveal About Sentiment

The bets are clustered well below the current price, with almost nobody expecting Bitcoin to go higher. 63% think it drops below 55k, 54% are betting real dollars it goes below 50k, and 31% think it falls under 40 or even 30k. When that many people are putting actual money on lower prices, it tells you very few believe this market is bottoming at all. #Bitcoin #BTC #Crypto #Kalshi #CryptoMarket