Bettors Give Bitcoin 4% Odds of Topping $150,000 by June -- Why the Market Is Still Playing Offense

By Dominic Basulto – Mar 10, 2026 at 4:45AM ESTKey PointsAccording to prediction market traders, Bitcoin's chances of hitting $150,000 by the end of June are just 4%.Despite these low odds, many investors remain bullish on Bitcoin's upside potential.Bitcoin's famous volatility can be a blessing or a curse, depending on your risk tolerance. If you're like many crypto investors, you might have already given up on Bitcoin (BTC +4.25%). The world's most popular cryptocurrency is down a staggering 47% since October, and currently trades for just $72,000. However, there are a surprising number of investors still playing offense with Bitcoin. The easiest place to see this is in the prediction markets, where it's possible to place wildly bullish bets on the future price of Bitcoin. Polymarket and Kalshi odds for Bitcoin Right now, Polymarket traders are giving Bitcoin a 4% chance of topping $150,00 by June. And the outlook is much the same on Kalshi. There, prediction market traders give Bitcoin a 6% chance of topping $150,000 by the end of June. Image source: Getty Images. On the surface, those might appear to be dismally low odds. Imagine if your co-worker told you, "There's only a 4% chance of me showing up at the office in June." Or what if your child told you, "There's only a 4% chance of me passing my exam in June." Understandably, you'd be a bit distraught. Those aren't good odds. But those 4% odds might not be as low as you think. For example, those are roughly the same odds as a top-level golfer winning a PGA golf tournament these days, and there are plenty of people willing to place that bet. For example, take a look at the prediction market for "Masters Tournament Winner" on Robinhood Markets (HOOD +2.93%). You can find $0.03 contracts for Justin Rose and Patrick Reed to win the Masters in April, implying roughly 3% chances to win. There are only nine other golfers in the world with better odds. Bitcoin's volatility So why do traders remain stubbornly bullish on Bitcoin's future prospects? The answer is simple: Bitcoin's volatility. Simply stated, Bitcoin is capable of making massive moves to the upside, and that's what excites investors. ExpandCRYPTO: BTCBitcoinToday's Change(4.25%) $2900.27Current Price$71159.00Key Data PointsMarket Cap$1.4TDay's Range$67427.00 - $71221.0052wk Range$60255.56 - $126079.89Volume54B From a risk-averse perspective, of course, volatility is bad. It can be hard to sleep at night when you're holding a very volatile asset. But from a risk-seeking perspective, volatility is really good. It means a cryptocurrency can absolutely explode in value. Check out Bitcoin's historical return data. In seven of the past 14 years, Bitcoin has delivered triple-digit returns. And some of those years have been absolutely epic. In 2013, Bitcoin skyrocketed in price by 5,428%. If you divide Bitcoin's performance into quarters, it's easy to see how dramatic the price swings can be. Even in years when Bitcoin has delivered triple-digit returns, there have been losing quarters. That was the case in 2023 and 2024, for example. The price of Bitcoin doesn't go straight up, which is what makes it so frustrating at times. As for me, I've learned to embrace Bitcoin's volatility. For me, volatility is the price you pay for higher potential rewards in the future. Bitcoin might only have a 4% chance of reaching $150,000 by June, but that doesn't mean it won't eventually top that price point.Read NextMar 9, 2026 •By Neil PatelDown 44%, the Market Is Dumping Bitcoin: Here Are Its 3 Biggest Trillion-Dollar Competitive RisksMar 9, 2026 •By Alex CarchidiSports Betting or Crypto: Which Is the Bigger Gamble for Your Hard-Earned Cash?Mar 9, 2026 •By Alex CarchidiHere's What Would Need to Happen for Bitcoin to Flip Gold SomedayMar 9, 2026 •By Dominic BasultoTraders Are Paying Just Pennies for "Yes" on $150,000 Bitcoin by March -- What That Implies for the Next Leg of This RallyMar 8, 2026 •By Dominic BasultoBitcoin Has Only a 5% Chance of Hitting $150,000 by June, According to Prediction Markets -- Here's Why I'm Not Taking Those Odds at Face ValueMar 8, 2026 •By Neil PatelBetter Crypto Buy: Bitcoin vs. XRPAbout the AuthorDominic Basulto is a contributing Motley Fool crypto analyst covering cryptocurrencies, digital assets, and crypto-related companies. Prior to The Motley Fool, Dominic was a technology and innovation journalist at The Washington Post and Fortune. He holds a bachelor’s degree in politics from Princeton University and an MBA in finance from Yale School of Management.TMFCryptoDomX@dominicbasultoStocks MentionedBitcoinCRYPTO: BTC$71,159.00(+4.25%)+$2,900.27Robinhood MarketsNASDAQ: HOOD$79.35(+2.93%)+$2.26*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.