Interesting how prediction markets assess Bitcoin. Polymarket at that time indicated a pretty high odds for a decline to $65,000, with about an 80% probability. There was also the possibility that BTC could drop to $60,000, which was rated at 44%. At the same time, the chance of an increase toward $75,000 was around 39%. This simply shows how volatile and uncertain the markets were back then. When I look at the current prices, Bitcoin is now significantly higher. These forecasts just reflect how quickly market sentiment can change and how difficult it is to predict price movements.

BTC0.59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin