Trading pools opened on the prediction market platform Polymarket provide remarkable signals about market expectations.
At the time of writing, Bitcoin is trading at $87,415, according to CoinGecko data. Volatility continues, with BTC up 3.19% in the last 24 hours and down 7.26% in the last week.
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Over $42.5 million has been traded in the market so far this month, targeting the potential price hikes for Bitcoin. The most striking finding here is the 25% probability that BTC will break below $80,000 before the month is out.
Accordingly:
- $80,000: 25%
- $75,000: 8%
- $70,000: 4%
- $65,000: 2%
- $60,000: 1%
Yukarı yönlü fiyat beklentilerinde ise 120.000 dolar ve üzeri ihtimallerin neredeyse sıfırlanmış olması dikkat çekiyor. Örneğin 200.000 dolar senaryosu <%1 olasılıkta fiyatlanıyor.*This is not investment advice.
Continue Reading: Will Bitcoin Price Fall to $80,000 Before November Ends? Here Are the Odds
