Kalshi Traders Forecast Bitcoin at $96K High

Kalshi traders just dropped a bold call: Bitcoin surges to a $96,000 high this year, per their latest forecast shared on Twitter. This BTC price prediction aligns with ongoing hype in the crypto space, echoing recent rallies that pushed BTC past key thresholds over the last six months. Traders eye this as part of broader market recovery, dodging any crypto market crash scenarios while integrating viral trends like TAO ecosystem buzz.

Zooming into the 4-hour chart, Bitcoin trades at $74,251.74 in a clear bullish structure, hugging above the EMA50 at $71,923.76 and EMA200 at $69,966.08 that act as rock-solid long-term supports. MACD screams bullish with an 808.6 reading post-golden cross, while RSI at 61.64 stays neutral, avoiding overbought pitfalls. Price dances inside Bollinger Bands, testing upper resistance at $75,971.72—confluence here suggests exhaustion could trigger a quick dip to EMA50 support before resuming the grind higher, perfect setup for institutional longs chasing that $96K target.