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Polymarket Bettors See Over 70% Chance Bitcoin Falls Below $65K — Are They Right?
Yahoo Finance· 2026-02-02 19:39
Prediction market participants on Polymarket are assigning a 71% probability that Bitcoin will drop below $65,000 in 2026, as the crypto traded around $75,000 following a weekend sell-off that pushed it to nine-month lows. The bearish sentiment reflects a convergence of technical indicators, underwater ETF positions, and analyst warnings that the market has entered a sustained downturn rather than a temporary correction. Multiple analysts now point to support zones between $62,000 and $65,000 as critica ...