Will Bitcoin dip to $71,000 on March 16?

Market indicates low probability for Bitcoin to dip to $71,000 by March 16.

The prediction market shows a 9% probability for Bitcoin to dip to $71,000, while the Pulse AI suggests a slightly higher probability of 11.5%. With a confidence level of 65/100 and a time to expiry of 12 hours, the market appears fairly priced with a 2.5 edge.

• 1 Current market sentiment leans heavily towards NO.
• 2 The probability gap indicates a consensus against a dip to $71,000.
• 3 Historical trends show Bitcoin volatility can impact short-term predictions.
• 4 Liquidity in the market appears stable, supporting current pricing.
• 5 Time pressure is significant with only 12 hours until expiry.

This market will immediately resolve to "Yes" if any Binance 1 minute candle for Bitcoin (BTC/USDT) on the date specified in the title, between 12:00 AM ET and 11:59 PM ET 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" for one-minute 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.