75% of participants in Polymarket are betting on a decline $BTC to $55,000. The betting volume is $1.2 million. Even more interesting - 62% believe in a drop below $50,000, and 47% consider $45,000. And there is already $1.4 million at stake.
On February 23, Bitcoin dropped below $65,000. Now it's around $63,297. And the market looks like everyone suddenly became very confident.
Now let's stay calm.
Polymarket is not an analytical center and not a hedge fund. It is a betting market. People there do not 'know', they assess the probability and vote with money. And often these markets reflect not the future, but the mood of the crowd.
75% bears - it's either the beginning of panic or its final stage.
I can't confirm exactly if this is a local peak of fear, but it seems like the market is starting to convince itself of the inevitability of the decline. And when everyone is certain about one scenario - historically $BTC loved to do the opposite.
This does not mean that $55,000 is impossible. It is possible. And $50,000 is possible too. The question is not that.
The question is whether you react to the numbers on the screen - or understand that these are just the bets of other people.
The market is nervous right now. Like a person without sleep. And without coffee.
And in such moments, the most dangerous thing is not the decline. But your own impulsiveness.
$POL Setting Up for Expansion? After months inside a descending channel, POL is now stabilizing around the $0.12 zone — showing signs of accumulation after prolonged downside pressure.
Price structure is shifting: • Higher lows forming • Volatility compressing • Selling momentum fading If #POL reclaims the $0.15–$0.18 resistance range with strong volume, the next major supply zone sits near $0.28–$0.30 — a move that would represent significant upside from current levels.
This isn’t breakout confirmation yet. It’s early base formation. Compression → Expansion. Smart money accumulates in boredom, not euphoria.
Bitcoin's current price is $66,160.46, with a 2.19% decrease in the last 24 hours. The market cap stands at $1.36 trillion, indicating a significant presence in the cryptocurrency market.
Key Analysis Points:
- *Current Trend*: Bitcoin is experiencing a downtrend, with its price hovering around $64,796.37, marking a 4.7% decline over the past 24 hours. - *Support and Resistance*: The current support level is around $60,000, while resistance is at $65,000-$67,000. - *Predictions*: Analysts forecast a potential upside of $75,643 by March 25, 2026, and $89,852 by August 21, 2026.
*Expert Insights:*
- Standard Chartered and Bernstein predict Bitcoin will hit $150,000 in 2026, while Fundstrat sees potential for $200,000-$250,000. - Some analysts warn of a possible deep drawdown to $40,000-$70,000 if historical patterns repeat.