Will Bitcoin reach $71,500 on March 8?

Market overwhelmingly predicts Bitcoin will not reach $71,500 by March 8.

The prediction market shows a strong consensus against Bitcoin reaching $71,500, with a 99.95% probability of NO. The Pulse AI also aligns closely with this sentiment, indicating a low likelihood of the price target being met.

• 1 Current market sentiment is highly negative towards Bitcoin reaching the target.
• 2 The probability edge suggests the market is fairly priced with minimal discrepancies.
• 3 Historical trends indicate Bitcoin has struggled to reach similar price points in short timeframes.
• 4 Liquidity in this market appears stable, reflecting consistent trader interest.
• 5 Time to expiry remains unknown, adding uncertainty to potential price movements.

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.