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Polymarket Shows 75% Odds of Bitcoin Dropping Below $55K – What Traders Need to Know
Yahoo Finance· 2026-02-23 12:11
Traders on prediction market Polymarket are pricing in a 75% chance that Bitcoin (BTC) will plunge below $55,000, signaling a sharp shift 18% overnight rise in bearish sentiment as the asset struggles to hold the $65,000 support level. Source: Polymarket This quantified bearish data arrives as Bitcoin struggles to remain the 14th biggest asset in global market cap rankings. Why Are Prediction Markets Signaling Bearish Sentiment? The pessimistic outlook follows a difficult weekend where Bitcoin’s marke ...