Kalshi traders think the bitcoin rally could end the year near current levels

Bitcoin's more than 20% rally this week has sent the cryptocurrency to heights it hasn't seen since May, but traders on prediction market platform Kalshi see it ending 2026 near current levels.

Speculators estimate that bitcoin's price at the end of 2026 will be around $75,000, based on an average of contracts on the platform.

The contracts on Kalshi ask traders to place "yes" and "no" trades on whether the cryptocurrency will trade within various $5,000 ranges at midnight on Jan. 1, 2027. Contracts are resolved using bitcoin price data from CF Benchmarks.