Bitcoin Odds of Touching $55,000 This Year Rise to 35%

The probability of Bitcoin (BTC) touching $55,000 before year-end stood at 35% on Nov. 15, up 28 percentage points from 7% on Nov. 5.

The 35% figure is the contract’s probability of Bitcoin touching that threshold before year-end. The 28-percentage-point increase describes a change in the odds, not a 28% move in Bitcoin’s market price. The probability of reaching $60,000 was 61%, while the odds of reaching $90,000 were 7%. The $60,000 contract’s reading was 26 percentage points above the $55,000 contract, while the $90,000 reading was 28 points below it.

At 9:47 a.m. ET Nov. 14 (14:47 UTC), Bitcoin was $66,085 on Binance’s spot BTC/USDT market—$11,085 above $55,000. That price snapshot was recorded one day before the Nov. 15 odds update.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].