Will Bitcoin reach $68,500 on March 8?

Market strongly favors Bitcoin not reaching $68,500 by March 8.

The prediction market shows a significant probability of 99.95% for Bitcoin not reaching $68,500 by March 8, indicating a strong consensus against this outcome. The Pulse AI also reflects a low probability of 1% for a YES outcome, suggesting limited optimism among participants.

• 1 Current market sentiment is overwhelmingly bearish on Bitcoin's price reaching $68,500.
• 2 The market probability indicates a high level of confidence in the NO outcome.
• 3 Historical price trends show volatility but not enough upward momentum to support this target.
• 4 Liquidity in the market appears stable, with no signs of panic selling or buying.
• 5 Time pressure is unclear, which may affect market dynamics as the date approaches.

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 “High” price equal to or greater 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 "High" 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.