Predictors on Myriad are growing more bearish on Bitcoin, with sentiment shifting toward a potential drop to $69,000 rather than a rebound to $100,000 after the asset fell nearly 5% over the past week.
Odds on Myriad now put Bitcoin’s chances of hitting $100,000 first at about 55%, down sharply from 88% two weeks ago, as the token trades around $84,000 and sits roughly 33% below its all-time high.
The souring outlook comes despite continued large-scale buying by Michael Saylor’s Strategy and a Federal Reserve decision to leave interest rates unchanged, neither of which provided support for prices.
Myriad markets are also signalling weakness for Solana’s token, with predictors now favouring a fall to $100 over a rally to $150 after a sharp reversal in sentiment over the past fortnight.
SOL is trading near $118, almost 60% below its peak, even as Solana-focused exchange-traded funds posted $6.7 million in net inflows this week.
Beyond crypto prices, Myriad’s sentiment markets show approval for Donald Trump, diverging from traditional opinion polling ahead of the US election cycle.
The prediction shifts underline how macro uncertainty and stalled momentum have left crypto markets choppy, with traders increasingly focused on the next Federal Open Market Committee meeting in March for direction.
At the time of reporting, Bitcoin price was $84,268.26.