BlockBeats news, on October 17, according to prediction market Polymarket data, the probability of Bitcoin hitting $70,000 this month has risen to 64%, an increase of 45% from the prediction a week ago. This data shows that the market's confidence in the rise of Bitcoin prices has increased significantly, reflecting investors' optimism about the future trend of the cryptocurrency market. On-chain data analysis shows that Bitcoin transaction volume and holdings have increased recently, further supporting this positive expectation.