Will Bitcoin dip to $62,000 March 9-15?

The market indicates a low probability of Bitcoin dipping to $62,000 next week.

Currently, the market shows a 7.5% chance of Bitcoin dipping to $62,000 between March 9-15, with a strong consensus against this outcome at 92.5%. The Pulse AI also reflects a similar outlook, suggesting that the market is fairly priced with a confidence level of 75 out of 100.

• 1 Current sentiment leans heavily against a dip to $62,000.
• 2 Market probability suggests a strong belief in Bitcoin's stability.
• 3 Historical data shows low frequency of such price dips in this timeframe.
• 4 Liquidity appears sufficient to support existing price levels.
• 5 Time pressure is moderate with 113 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.