Will Bitcoin reach $110,000 by December 31, 2026?

Prediction markets put the probability at 6%: Will Bitcoin reach $110,000 by December 31, 2026. Currently, markets see this as unlikely (6% YES). Jul 03, 2026, 1:55PM EDT • Markets.

What’s Happening

Bitcoin held above $61,000 on Friday, July 3, 2026, extending a relief bounce that took hold after a soft U.S. jobs report revived risk appetite and eased rate-hike fears ahead of the Independence Day holiday, while ether traded above $1,700. U.S. spot bitcoin ETFs snapped a 10-day outflow streak with $222 million in Thursday inflows, an early sign that dip buyers were returning after a rough stretch for the asset. With BTC anchored near the $61,000 level, the distance for bitcoin to reach $110,000 by December 31, 2026 implies a climb of roughly 80% from current spot, keeping that threshold well above prevailing resistance. [The Block, Jul 03]

Corporate accumulation continued despite the soft price action. LM Funding America (Nasdaq: LMFA) reported a bitcoin treasury of 318.3 BTC valued at $18.6 million, or $0.72 per share, as of June 30, 2026, alongside an expansion into high-performance computing and AI infrastructure. Separately, mining company Ionic Digital disclosed the completion of a $400 million private fundraising round and applied to list on Nasdaq, reporting $51.4 million in first-quarter revenue, with its AI/HPC data-center leasing business contributing $44 million—surpassing its mining segment. The pivot toward compute infrastructure signals miners are diversifying revenue as block rewards tighten. [Bitget, Jul 02]

Sentiment turned modestly constructive after the recovery, with traders again asking whether the next market cycle can push Bitcoin back toward new all-time highs. Analysts note that BTC remains in a recovery phase, trying to build momentum off the recent bounce rather than confirming a decisive uptrend, and stronger confirmation would be required before any run at higher levels. For bitcoin to reach $110,000 within the year, the market would need sustained ETF inflows, a firmer macro backdrop, and a break above intermediate resistance—conditions not yet in place as of early July. Whether bitcoin can reach $110,000 by the December deadline hinges on that momentum materializing over the second half of 2026. [Markets, Jul 08]

Traded on Polymarket — $1.2M Volume

Active market on Polymarket with $1.2M in total volume. Sufficient liquidity for most position sizes. Currently priced at 6c YES.