Prediction markets betting Bitcoin will head below $60k before month-end
Prediction markets now price a 28% chance Bitcoin falls to $60,000 before the month ends, with recovery above $80,000 given just a 5% probability.
The numbers are stark. Polymarket betting activity suggests the recovery case has essentially collapsed.
What makes the picture particularly telling are the red arrows on the page: the $80,000 probability has fallen 44% and $75,000 by 38%, suggesting bettors have been aggressively revising down their expectations as Bitcoin has slid.
Investors have rotated into traditiona
Prediction markets now price a 28% chance Bitcoin falls to $60,000 before the month ends, with recovery above $80,000 given just a 5% probability.
The numbers are stark. Polymarket betting activity suggests the recovery case has essentially collapsed.
What makes the picture particularly telling are the red arrows on the page: the $80,000 probability has fallen 44% and $75,000 by 38%, suggesting bettors have been aggressively revising down their expectations as Bitcoin has slid.
Investors have rotated into traditiona
2 months ago
