Updated
Updated · CNBC · Aug 21
Kalshi Traders Lift Bitcoin 2026 Target to $75,000 as Token Rallies More Than 20%
Updated
Updated · CNBC · Aug 21

Kalshi Traders Lift Bitcoin 2026 Target to $75,000 as Token Rallies More Than 20%

3 articles · Updated · CNBC · Aug 21

Summary

  • $75,000 is now Kalshi traders' average forecast for bitcoin at the end of 2026, up from about $66,000 before Wednesday but still slightly below its current level above $77,000.
  • A more than 20% weekly rally drove that shift after the U.S. Treasury moved to ease a bond-market sell-off, relieving pressure on risk assets.
  • The rebound also gained support from a White House event where President Donald Trump, crypto executives and regulators pressed Congress to pass the Clarity Act market-structure proposal.
  • Kalshi's contracts settle on whether bitcoin lands in $5,000 price bands at midnight on Jan. 1, 2027, using CF Benchmarks data.

Insights

Could Bitcoin's sudden surge be a trap before a historic late-2026 capitulation below $50,000?
Why are prediction markets betting against Bitcoin's massive rally despite the recent White House crypto push?