Summary
- Polymarket said it is pricing in a 60% probability that Bitcoin will reach $75,000 this month.
- It said this is interpreted as the result of a rapid increase in the share of bets on a short-term rebound scenario, reflecting recent volatility in Bitcoin’s price.
- As of the morning of the 10th, Bitcoin was trading at $72,850, down 1.03% from the previous day, according to CoinMarketCap.
Forecast Trend Report by Period
The prediction-market platform Polymarket indicates a 60% probability that Bitcoin (BTC) will reach $75,000 this month.
According to Bitcoin Magazine on the 9th (local time), Polymarket put the odds of Bitcoin reaching $75,000 this month at 60%. This is interpreted as a result of rapidly increasing the share of bets on a short-term rebound scenario, reflecting recent volatility in Bitcoin’s price.
Meanwhile, Bitcoin was trading at $72,850, down 1.03% from the previous day, as of 6:46 a.m. on the 10th (KST), according to CoinMarketCap.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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