Will Bitcoin dip to $62,000 March 2-8?

Market indicates a very low chance of Bitcoin dipping to $62,000 next week.

The prediction market shows a 0.05% probability for Bitcoin to dip to $62,000 between March 2-8, suggesting strong confidence in a price stability above this level. The Pulse AI also reflects a similar sentiment with a 1% probability for a dip, indicating that the market is fairly priced with an edge of 0.95.

• 1 Current market sentiment heavily favors stability above $62,000.
• 2 Historical trends show Bitcoin's resilience around current price levels.
• 3 Liquidity appears sufficient, supporting current price predictions.
• 4 Time pressure is minimal with only 2 hours until expiry.
• 5 Confidence in the market's pricing is rated at 80 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.