Bitcoin (BTC 4.59%) trades at less than $65,000 as of this writing. However, 15% of speculators on Polymarket expect it to reach $150,000 again by the end of 2026. Let’s break down those short-term bets and see if they matter to long-term investors.

What are Polymarket’s traders expecting?

Only 1% of those traders expect Bitcoin to hit $150,000 by the end of March. Another 3% expect it to reach that level by the end of June, while the remaining 11% placed their bets on Dec. 31.

Image source: Getty Images.

Bitcoin’s price set a record high of more than $126,000 last October. Declining interest rates, the Trump Administration’s crypto-friendly policies, institutional inflows into its spot price ETFs, and its growing acceptance as legal…