Bitcoin faces a starkly bearish forecast from the regulated prediction platform Kalshi, with traders now estimating that the cryptocurrency has nearly no chance of hitting the $100,000 milestone in 2026. The sentiment shift follows weeks of persistent selling pressure, leaving Bitcoin trading around $76,794—a price that has failed to consolidate above the critical $84,000 resistance level.
According to an announcement from Kalshi Crypto on May 22, 2026, the platform's traders are overwhelmingly betting against a six-figure price tag this year. The forecast ignites fresh debate across the market, especially as Bitcoin would need a roughly 40% rally from current levels to set a new all-time high. Such a surge is deemed highly improbable under prevailing conditions.
Compounding the bearish outlook, institutional investors appear to be withdrawing support. Spot Bitcoin ETFs in the U.S. have logged consecutive daily net outflows for an entire week, with zero days of fresh capital inflows. This drying up of institutional demand has fueled retail investor fears and speculation of a prolonged price correction.
Against this backdrop, market attention is turning to lower technical support zones. Analysts highlight the $75,000–$76,000 range as a crucial area to stabilize Bitcoin’s price and avoid panic selling. A failure to hold this floor could deepen the downturn.