Will Bitcoin dip to $60,000 March 2-8?

Market shows a low probability of Bitcoin dipping to $60,000 this week.

The prediction market indicates a 0.80% chance of Bitcoin dropping to $60,000 between March 2-8, with a strong consensus against this outcome. The Pulse AI further supports this view with a 1.3% probability for a dip, suggesting that the market is fairly priced with an edge of 0.5.

• 1 Current market sentiment is overwhelmingly against a dip.
• 2 Historical data suggests Bitcoin has not frequently dipped to this level in similar timeframes.
• 3 Liquidity appears stable, supporting current price levels.
• 4 Time pressure is minimal with only 6 hours until expiry.
• 5 Market confidence is relatively high at 80/100.

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.