🚨 Traders on the Kalshi prediction market are increasingly betting on a significant Bitcoin price drop, with some contracts suggesting a potential decline toward the $48,000 level. This bearish sentiment is reflected in high trading volumes for "put" options and prediction contracts that pay out if Bitcoin hits specific lower price targets by mid-2026. Despite recent market volatility, these bets highlight a growing caution among investors who are hedging against the possibility of a deeper correction in the cryptocurrency market.

$BTC