Bitcoin Price Predictions Surge as Myriad Traders Eye $100K Rebound: Analyzing the Bullish Shift
Introduction: A Renewed Sense of Optimism in Crypto Markets
After a period of market uncertainty and widespread pessimism, the crypto landscape is showing signs of renewed vigor. Bitcoin, the flagship cryptocurrency, has jumped 7.4% in the last seven days, reclaiming the $91,000 mark. Despite this upward movement, Bitcoin remains nearly 28% below its all-time high set in August. Against this backdrop, predictors on Myriad—a prediction market platform—are leaning bullish, with many eyeing a potential rebound to $100,000. This article delves into the latest developments driving these predictions, exploring key markets on Myriad and their implications for traders and enthusiasts alike.
Bitcoin’s Next Move: Pump to $100K or Dump to $69K?
Market Overview:
- Market Open: November 5
- Market Close: Open until resolution
- Volume: $19.9K
Bitcoin’s near-term trajectory remains a focal point for traders and predictors. The market titled "Bitcoin’s next move: Pump to $100K or dump to $69K?" has garnered significant attention, with predictors assigning a 74% chance to a pump to $100,000 as of Friday morning. This represents a 24% increase in bullish odds since the market’s inception.
The recent rebound follows a period of volatility that saw Bitcoin briefly dip below $82,000, triggered by liquidations and waning institutional interest. Analysts have pointed to uncertainty around Federal Reserve policy as a contributing factor to the downturn. However, the current sentiment suggests that selling pressure may be exhausting itself.
Experts like Tom Lee, Chairman of BitMine Immersion Technologies, argue that the market is resetting after record-breaking liquidations of $19 billion on October 10. Lee believes Bitcoin could still achieve new highs before the end of the year. Similarly, Michael Saylor of Strategy has maintained a bullish stance, suggesting that $150,000 remains a possibility by January.
Adding to the optimism, predictors are increasingly betting on a December rate cut by the Federal Reserve, with odds improving to around 84%. For Bitcoin to reach $100,000, it needs to gain 9.8% from its current position. Conversely, a drop to $69,000 would require a decline of over 24%, a scenario that fewer predictors are currently favoring.
Will Brian Armstrong Appear in the First Episode of UpOnly?
Market Overview:
- Market Open: November 25
- Market Close: Open until resolution
- Volume: $702
Coinbase’s recent acquisition of Echo, a crypto fundraising platform founded by pseudonymous personality Cobie (Jordan Fish), included a $25 million purchase of the UpOnly NFT. This token grants the holder the rights to another season of the popular crypto podcast UpOnly, co-hosted by Cobie and LedgerStatus.
While the terms of the acquisition allow the co-hosts to select guests for the show, predictors on Myriad are skeptical about Coinbase CEO Brian Armstrong featuring in the first episode. As of Friday morning, odds stand at nearly 60% against his appearance.
Cobie has indicated that the show will return once all eight guests are finalized. In an October 20, 2025 post on X (formerly Twitter), he floated potential guest ideas, including Jeff + Shoku, prediction market figures, and Arthur Hayes. Notably absent from this list was Brian Armstrong.
Despite Cobie’s recent role as Coinbase’s customer support on X, predictors do not believe this professional relationship will translate into preferential treatment for Armstrong. The market reflects this skepticism, with odds firmly leaning toward "no."
Will Revolut Announce the Launch of Its Own Stablecoin by the End of 2025?
Market Overview:
- Market Open: July 4
- Market Close: December 31
- Volume: $27.8K
Revolut, the neobank valued at approximately $75 billion, has been expanding its crypto offerings. The firm integrated Polygon to power stablecoin payments and remittances and secured a Markets in Crypto-Assets (MiCA) license from Cyprus regulators. Additionally, Revolut has offered crypto trading since 2017 and was rumored earlier this summer to be considering launching its own stablecoin.
Predictors on Myriad have been closely monitoring the likelihood of such an announcement by year-end. In July, odds briefly favored a stablecoin launch, but for most of the market’s existence, predictors have leaned against it, with "no" odds averaging around 75%. A shift occurred in early October when odds moved to nearly 50/50, coinciding with Revolut’s approval to establish a bank in Colombia, where it plans to offer innovative financial products.
However, sentiment has since reversed. As of this week, predictors assign an 86% chance against Revolut announcing its stablecoin by December 31. This decline in optimism comes despite regulatory advancements and expert opinions suggesting a Revolut stablecoin by 2026 is "plausible," according to an EU crypto regulation lawyer.
Conclusion: Navigating Uncertainty with Data-Driven Insights
The current crypto landscape is characterized by cautious optimism, as evidenced by shifting odds on prediction markets like Myriad. Bitcoin’s rebound to $91,000 and the growing belief in a $100,000 target reflect renewed confidence among traders. However, challenges remain, including macroeconomic uncertainties and regulatory developments.
For readers tracking these trends, key events to watch include:
- The Federal Open Market Committee (FOMC) meeting on December 9–10, where rate cut decisions could impact Bitcoin’s trajectory.
- Updates on Revolut’s stablecoin plans as the December 31 deadline approaches.
- The return of the UpOnly podcast and its guest lineup, which may offer insights into industry collaborations.
While prediction markets provide valuable sentiment indicators, they are not guarantees of future outcomes. As always, traders should combine these insights with thorough research and risk management strategies.
Disclaimer: Myriad Markets is a product of Decrypt’s parent company, Dastan.