Polymarket "Bitcoin: 70% chance of falling below 90,000 dollars this year"

Minseung Kang

Summary

According to the crypto asset prediction market Polymarket, Bitcoin's probability of falling below 90,000 dollars this year was calculated at 70%.
It reported that the probability of falling below 80,000 dollars was 26%, and the probability of rising above 120,000 dollars was 22%.
Polymarket's cumulative trading volume exceeded 54,750,000 dollars, indicating that investors' bets on short-term volatility have strengthened.

The likelihood of Bitcoin (BTC) falling below 90,000 dollars within the year is rising significantly in the market.

On the 14th (local time), according to Polymarket, the crypto asset (cryptocurrency) prediction market, the settlement probability that Bitcoin will fall below 90,000 dollars this year was recorded at 70%. In the same period, △ the probability of falling below 80,000 dollars was 26%, and △ the probability of rising above 120,000 dollars was 22%.

The prediction market's cumulative trading volume has exceeded 54,750,000 dollars, indicating that directional bets are strengthening amid increased short-term volatility.

BTC