Will Bitcoin dip to $52,000 March 2-8?

The market strongly favors Bitcoin not dipping to $52,000 this week.

With a market probability of 99.95% for 'NO', the consensus is that Bitcoin will not reach $52,000 between March 2-8. The Pulse AI also supports this view, albeit with a slightly higher probability for a dip at 1.05%, indicating a low likelihood of significant price movement in that direction.

• 1 Current sentiment heavily favors Bitcoin maintaining its value above $52,000.
• 2 Market pricing suggests confidence in Bitcoin's stability this week.
• 3 Historical trends indicate low volatility during this period.
• 4 Liquidity appears sufficient to support current price levels.
• 5 Time pressure is minimal with only 11 hours until expiry.

This market will immediately resolve to "Yes" if any Binance 1 minute candle for Bitcoin (BTC/USDT) during the date range specified in the title (from 12:00 AM ET on the first date to 11:59 PM ET on the last) has a final "Low" price equal to or lower than the price specified in the title. Otherwise, this market will resolve to "No."

The resolution source for this market is Binance, specifically the BTC/USDT "Low" prices available at https://www.binance.com/en/trade/BTC_USDT, with the chart settings on "1m" candles selected on the top bar.

Please note that the outcome of this market depends solely on the price data from the Binance BTC/USDT trading pair. Prices from other exchanges, different trading pairs, or spot markets will not be considered for the resolution of this market.