Bitcoin historian and editor Pete Rizzo posted on X today, November 5, 2026, claiming that the odds for Bitcoin to hit $100,000 by the end of the year have significantly increased. Rizzo stated, "JUST IN: ODDS #BITCOIN HITS $100,000 THIS YEAR JUST SURGED OVER 100% ON KALSHI IT CLOSED ABOVE ITS 50-WEEK MOVING AVERAGE IT SURVIVED ITS LARGEST HEIST IN HISTORY IT SURVIVED THE ELECTION SWEEP THE WORLD’S LEADING PREDICTION MARKET IS TELLING YOU WE ARE GOING HIGHER " His remarks highlighted several factors contributing to this upward sentiment.
Rizzo’s comments come as Bitcoin has recently cleared the $80,000 mark. The cryptocurrency is currently trading at $80,623, up 3.5% over the past 24 hours. Recent Gokhshtein Media coverage noted that institutional accumulation of Bitcoin has hit a six-month high, coinciding with the asset breaking past key resistance levels. Another report detailed Strategy's STRC Preferred Shares reaching $100, which has unlocked a path for Bitcoin acquisition.
Rizzo's view suggests that Bitcoin's resilience through various market events, including a significant heist and an election sweep, along with positive technical indicators like closing above its 50-week moving average, points to continued upward momentum. He specifically cited Kalshi, a prediction market, as indicating a strong likelihood of Bitcoin reaching the $100,000 milestone before year-end. His analysis implies that these combined factors are signaling a bullish outlook for the digital asset.
