Will the price of Bitcoin be above $62,000 on March 16?

Market predicts a high likelihood of Bitcoin exceeding $62,000 by March 16.

The prediction market shows a strong consensus with a 96.5% probability for Bitcoin to be above $62,000 by March 16, while the Pulse AI probability is slightly lower at 92%. The edge of -4.5 suggests that the market pricing is fairly aligned with the AI's assessment, indicating moderate confidence in the prediction.

• 1 Current market sentiment is overwhelmingly bullish on Bitcoin's price.
• 2 The market probability indicates strong confidence in the prediction.
• 3 Pulse AI's probability reflects a slightly more cautious outlook.
• 4 The edge suggests the market is fairly priced with limited room for mispricing.
• 5 Time pressure is moderate with 111 hours until expiry.

This market will resolve to "Yes" if the Binance 1 minute candle for BTC/USDT 12:00 in the ET timezone (noon) on the date specified in the title has a final "Close" price higher 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 "Close" prices currently available at https://www.binance.com/en/trade/BTC_USDT with "1m" and "Candles" selected on the top bar.

Please note that this market is about the price according to Binance BTC/USDT, not according to other exchanges or trading pairs.

Price precision is determined by the number of decimal places in the source.