Will Bitcoin dip to $56,000 March 2-8?

Market overwhelmingly predicts Bitcoin will not dip to $56,000 next week.

The prediction market shows a strong consensus against Bitcoin dipping to $56,000, with a 99.95% probability for 'NO.' The Pulse AI also aligns closely with this sentiment, indicating a low likelihood of a price drop within the specified timeframe.

• 1 Current market sentiment is strongly against a dip in Bitcoin's price.
• 2 The probability of a dip is exceptionally low at 0.05%.
• 3 Pulse AI reflects a similar outlook with a 1% chance of a dip.
• 4 The market appears fairly priced with an edge of 0.95.
• 5 Confidence in the prediction is high at 85 out of 100.

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.