Bitcoin price predictions suggest potential rise toward $90,000 and $100,000

Market indicators and industry leaders suggest potential upward movement for Bitcoin. On the prediction platform Polymarket, traders have assigned a 59.5% chance that Bitcoin will touch $90,000 during October. The platform's contracts resolve 'Yes' if the price hits the target at any point during the month.

Institutional interest remains a factor, with US spot Bitcoin ETFs recording a net inflow of $102.7 million on October 1, led by BlackRock’s IBIT.

Separately, Galaxy Digital CEO Mike Novogratz expressed optimism regarding the long-term trend, suggesting that Bitcoin could finish 2026 near the $100,000 mark. Novogratz indicated that the recent dip toward $60,000 likely represented the cycle low and noted that maintaining a weekly close around $80,000 is a key level to watch.