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Bitcoin's next big test is breaking through $100,000: Asia Morning Briefing
Yahoo Finance· 2026-01-16 10:09
Bitcoin held near $95,000 in early Hong Kong hours after a volatile rally earlier this week, with traders increasingly converging on one near-term expectation: a test of $100,000, but not a decisive breakout beyond it. Prediction markets show a 54% probability that bitcoin reaches $100,000 in January, according to one contract on Polymarket, making it the most likely outcome by a wide margin. Odds fall sharply above that level, with just a 22% chance of $105,000 and an 8% chance of $110,000, suggesting tr ...