Home BlockchainBitcoin Traders See Nearly Even Odds for $69K Drop or $100K Recovery

Bitcoin Traders See Nearly Even Odds for $69K Drop or $100K Recovery

by Vivek Kumar
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Bitcoin Traders See Nearly Even Odds for $69K Drop or $100K Recovery

In brief

  • Prediction markets show nearly 50/50 odds Bitcoin falls to $69K versus recovering to $100K.
  • BTC fell sharply Thursday amid government shutdown fears and stock market volatility.
  • The Crypto Fear & Greed Index plunged to “Extreme Fear” at 16, the lowest so far this year.

For the first time in almost two months, Myriad users doubted that Bitcoin will see $100,000 before it dumps to $69,000.

Users on the prediction market platform, which is owned byDecrypt‘s parent company Dastan, now see nearly…

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