Votes backed by real money are more honest than hot air: On Polymarket, the odds of BTC falling to $70,000 before year-end are 52%, while the odds of it climbing back to $100,000 are just 9%. Kalshi’s year-end expectations are also clustered between $70,000 and $80,000, and cumulative trading volume in this market has reached $82.74 million. BTC is currently at $75,700, down 2.4% over 7 days and 6.6% over 30 days; the Fear & Greed Index is at 25, indicating extreme fear. Prediction markets aren’t fortune-tellers, but when more than half the money is betting on further declines, bargain hunters should ask themselves: are you catching a falling knife, or picking up chips? #Polymarket #Bitcoin
