{"id":3913,"date":"2026-06-03T15:46:04","date_gmt":"2026-06-03T15:46:04","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/bitcoin-to-slump-to-new-lows-after-recent-sell-off-traders-predict\/"},"modified":"2026-06-03T15:46:04","modified_gmt":"2026-06-03T15:46:04","slug":"bitcoin-to-slump-to-new-lows-after-recent-sell-off-traders-predict","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/bitcoin-to-slump-to-new-lows-after-recent-sell-off-traders-predict\/","title":{"rendered":"Bitcoin to slump to new lows after recent sell-off, traders predict"},"content":{"rendered":"\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108262143\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>A view of a Bitcoin ATM at Northgate Mall on Feb. 5, 2026 in San Rafael, California. <\/p>\n<p>Justin Sullivan | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Bitcoin<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> prices fell to their lowest levels since early April on Tuesday after a decline spurred by crypto treasury company <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-3\">Strategy<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> selling a small amount of its bitcoin holding intensified.\u00a0<\/p>\n<p>Traders on prediction market platform Kalshi think the cryptocurrency has more room to fall in its current &#8220;crypto winter.&#8221;<\/p>\n<p>There&#8217;s a nearly 80% chance that the flagship crypto&#8217;s price will fall below $60,000 in 2026. That would mean bitcoin hitting a new low, tumbling below February&#8217;s levels.\u00a0Early that month, bitcoin dropped as low as $60,062.<\/p>\n<p>Traders also think there&#8217;s a 52% chance prices will dip under $50,000 this year. Bitcoin hasn&#8217;t traded with a four in front of its price since August 2024.\u00a0<\/p>\n<\/div>\n<div class=\"group\">\n<p>Bitcoin prices are off more than 45% since their highs of more than $120,000 last October. <\/p>\n<p>Week to date, the cryptocurrency is down nearly 10% and bitcoin was last trading around $66,500.<\/p>\n<p>Traders on Kalshi have also grown more bearish on the outlook for when the cryptocurrency might hit six figures again. They give just a 27% chance that happens in 2026, after giving it nearly 50% odds as recently as early May.\u00a0<\/p>\n<p>Traders on Polymarket, meanwhile, see a 12% likelihood bitcoin hits new all-time highs in 2026.\u00a0<\/p>\n<p><em>Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.<\/em><\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A view of a Bitcoin ATM at Northgate Mall on Feb. 5, 2026 in San Rafael, California. Justin Sullivan | Getty Images Bitcoin prices fell to their lowest levels since early April on Tuesday after a decline spurred by crypto treasury company Strategy selling a small amount of its bitcoin holding intensified.\u00a0 Traders on prediction [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[321,732,2567,627,616,1768],"class_list":["post-3913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-bitcoin","tag-lows","tag-predict","tag-selloff","tag-slump","tag-traders"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/3913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=3913"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/3913\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/3914"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=3913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=3913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=3913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}