Will Bitcoin dip to $58,000 March 2-8?

Market strongly favors Bitcoin not dipping to $58,000 next week.

The prediction market shows a significant consensus against Bitcoin dipping to $58,000, with a 99.95% probability for 'NO'. The Pulse AI also aligns closely with this view, indicating a low likelihood of a dip during the specified timeframe.

• 1 Current market sentiment is overwhelmingly against a dip to $58,000.
• 2 The probability of a dip is low, suggesting stability in Bitcoin's price.
• 3 Historical trends show Bitcoin's resilience around current price levels.
• 4 Liquidity appears healthy, supporting the current market pricing.
• 5 Time pressure is unclear, but the current outlook remains consistent.

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.