May 24, 2026
Kalshi Traders Predict Deeper Bitcoin Pullback to $54K Amid Weak Spot Buying
TLDR: Bitcoin spot demand has dropped to its weakest level since mid-January market activity. Whale Factor warns recent BTC rallies lacked strong institutional spot buying support. Kalshi traders now forecast Bitcoin could revisit the crucial $54,000 support region. Slowing ETF inflows continue to increase volatility risks across the broader crypto market. Bitcoin Spot Demand has [...]
The post Kalshi Traders Predict Deeper Bitcoin Pullback to $54K Amid Weak Spot Buying appeared first on Blockonomi.
Source: Blockonomi →Related News
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