Polymarket sees 71% odds of Bitcoin falling to $80K by November
Summary
The prediction market platform Polymarket currently reflects a 71% probability that Bitcoin will reach a price of $80,000 by November, indicating active trader sentiment. This sentiment is being adjusted based on recent market corrections. Bitcoin's price recently fell below $82,000, leading to nearly $2 billion in leveraged liquidations over 24 hours, following a peak near $126,199 this year. This decline was attributed to significant ETF outflows and a general risk-off sentiment in the market.
(Source:Crypto Briefing)