Polymarket "37% probability of Bitcoin reaching 110,000 dollars in May"
In the Decentralized prediction market platform Polymarket, the probability of Bitcoin (BTC) reaching 110,000 dollars in May was evaluated at 37%. The probability of reaching 115,000 dollars is 14% and the probability of reaching 125,000 dollars is 2%.
The current trading volume of the betting item exceeds 13 million dollars, reflecting strong expectations from market participants.
Experts analyzed that although the inflow of institutional funds and macroeconomic factors support the potential rise of Bitcoin, strong buying pressure is needed to reach the expected price.
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