Prediction Markets Bet Bearish on BTC, ETH, and Stocks - But Do The Charts Agree?

Prediction markets show a bearish outlook for Bitcoin, Ethereum, and equities in 2026. Traders on platforms like Polymarket suggest a rangebound Bitcoin price between $55,000 and $75,000 for the remainder of the year. Despite this, there are opportunities for investors to profit through event contracts and alternative plays in the Bitcoin ecosystem.

Technical analysts are also monitoring bear flag patterns as tools for predicting continued bearish trends. These patterns appear after sharp sell-offs and are confirmed when prices break below a consolidation phase. Traders use indicators like RSI and Fibonacci retracements to improve accuracy.

IREN Limited has expanded its GPU fleet by acquiring 50,000 NVIDIA B300 GPUs, bringing its total count to 150,000. This makes it one of the world's largest AI infrastructure providers. The expansion is part of a broader strategy to strengthen its market position.

Why Did This Happen?

Nvidia CEO Jensen Huang has confirmed that recent investments in OpenAI and Anthropic will likely be the last before these companies go public. This strategic shift reflects a broader focus on generating revenue through hardware sales rather than equity stakes. Huang stated that going public closes the window for further investments.

How Did Markets React?

The strategic moves by IREN and Nvidia have been met with cautious optimism. IREN's inclusion in the MSCI USA Index has led to increased visibility with institutional investors, potentially attracting passive fund inflows. Meanwhile, Nvidia's pivot to hardware sales has reinforced its market position as AI infrastructure demand grows. According to reports, this trend is gaining momentum.

What Are Analysts Watching Next?

Analysts are closely watching whether the bear flag patterns for Bitcoin hold. A failed bear flag, where prices break above the consolidation phase, could signal a bullish reversal. Investors are advised to use risk management strategies like stop-loss orders to mitigate potential losses.

SK Group Chairman Chey Tae-won is expected to attend Nvidia's annual technology conference, GTC 2026, to strengthen AI sector ties. The event will showcase Nvidia's next-generation AI platform, which relies on HBM4 memory chips from Samsung and SK hynix. This collaboration highlights the growing importance of AI infrastructure in the global economy.