Bitcoin Prediction Markets Shockingly Reverse Bullish Outlook After $91,000 Plunge
The post Bitcoin Prediction Markets Shockingly Reverse Bullish Outlook After $91,000 Plunge appeared on BitcoinEthereumNews.com.
Have you checked the latest Bitcoin prediction markets lately? The landscape has dramatically shifted from optimistic to cautious as BTC’s sharp decline to $91,000 sends shockwaves through the cryptocurrency community. This sudden reversal in market sentiment has left both traders and analysts scrambling to understand what comes next for the world’s largest cryptocurrency. Why Are Bitcoin Prediction Markets Turning Bearish? The recent market movement has fundamentally changed how prediction markets view Bitcoin’s future trajectory. According to Coindesk reports, platforms like Polymarket have completely abandoned their previous bullish scenarios. Instead, they now describe the current situation as a potential structural collapse that could reshape the market cycle. This shift represents a significant departure from earlier optimism. Prediction markets now anticipate gradual declines rather than the sharp recovery many had hoped for. The breach of key technical levels, including the 50-week moving average, has triggered this reassessment among market participants. What Do Trading Firms Say About This Market Shift? Major trading firms echo the concerns emerging from Bitcoin prediction markets. QCP Capital openly admitted they were unprepared for Bitcoin’s drop below the critical $100,000 threshold. The firm characterized this movement as an inflection point that traders are still processing. Key factors driving this sentiment shift include: Breach of the 50-week moving average Loss of psychological $100,000 support Changing institutional positioning Revised technical analysis scenarios How Are Prediction Markets Adjusting Their Forecasts? Bitcoin prediction markets are now recalibrating their year-end price expectations. Polymarket’s abrupt reversal demonstrates how quickly sentiment can change in cryptocurrency markets. The platform now projects a gradual downtrend rather than expecting immediate recovery. This adjustment in Bitcoin prediction markets reflects deeper concerns about market structure. Analysts are watching whether this represents a temporary correction or the beginning of a more sustained bearish phase. The data from these markets provides valuable…
Filed under: News - @ November 18, 2025 1:28 am