Traders on Kalshi are increasing their bets on a Bitcoin downside. Market probability estimates suggest a 53% chance of Bitcoin falling below $45,000 by 2027.
Meanwhile, bets on Bitcoin falling below $40,000 are increasing, with related contracts exceeding $3.8 million. Traders' assessments reflect a significant weakening of sentiment recently.
Price expectations have turned cautious.
Bitcoin has retreated from its highs since January. External pressures mainly stem from ETF outflows and the recent liquidation of over $1.7 billion in the crypto market.
Signals Traders Pay Attention To
Some traders also noted that Strategy's recent sale of Bitcoin was seen as a sign of weakening market confidence.
The $60,000 level remains a key focus.
Despite rising bearish bets, Bitcoin is still hovering around $60,000. This level continues to be a key focus for market observation.












