Bitcoin Braces for $60K Test as Kalshi Traders Hedge Against Macro Turbulence

• Geopolitical Conflict: Recent U.S. and Israeli strikes on Iran have triggered a "risk-off" environment, pushing investors toward traditional safe havens like gold.

• Trade Policy: Renewed 15% global tariff proposals from the Trump administration have rattled global equities and crypto alike.

• Liquidity Squeeze: Analysts note that the current price action near $66,000 feels "heavy," with prediction markets leading the way in pricing in a potential "volatility flush."

A Divergent Outlook

While Kalshi traders brace for a $60,000 retest, some macro analysts remain optimistic. Economists like Henrik Zeberg argue that the current dip is part of a historic "accumulation band," suggesting a potential rally to $110,000 could follow once the over-leveraged short positions are cleared.

However, for now, the "smart money" on regulatedprediction markets is betting that the path of least resistance is down. If the $60,000 support fails to hold, Kalshi contracts for the "sub-$50,000" range are already seeing a spike in open interest.