Data from Polymarket reveals a significant decrease in the probability of Bitcoin reaching $100,000 in January, plummeting from 68% on January 15 to just 7%. Concurrently, the likelihood of Bitcoin falling below $85,000 has increased to 37%, while the probability of it dropping below $80,000 stands at 14%. These shifts reflect changing market sentiment and expectations for Bitcoin's price trajectory in the near term.
Polymarket Data Indicates Sharp Decline in Bitcoin $100K Probability
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