At this point, investors believe that downward movements will continue in the short term, especially in Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL).
According to Polymarket data, the expected prices for $BTC, $ETH, and $SOL in March were as follows.
1. Bitcoin ($BTC):
Polymarket is pricing in a 35% probability that Bitcoin will fall below $65,000 in March.
Predictions titled “What Price Will Bitcoin Reach in March?” indicate that a decline in $BTC prices is the dominant expectation.
- A drop below $65,000 is the most likely scenario, with a 35% probability.
- This is followed by a 22% probability that Bitcoin will rise above $80,000 in March.
- Finally, the possibility of Bitcoin falling below $60,000 is only around 14%.
2. Ethereum ($ETH):
In predictions titled “What Will Ethereum’s Price Be in March?”, bullish forecasts for Ethereum are prominent.
- The most dominant scenario is pricing above $2,400 with a 53% probability.
- A move above $2,600 is priced in with a 23% probability.
- These are followed by a third prominent prediction with an 8% probability that $ETH will either rise above $2,800 or fall below $1,800.
- The probability of Ethereum surpassing $3,000 in March is priced at just 3.
3. Solana (LEFT):
In predictions titled “What Will Solana’s Price Be in March?”, bearish forecasts are prominent for Solana as well.
- The most dominant scenario is pricing below $80 with a 43% probability.
- Secondly, a move above $100 is priced in with a 41% probability.
- These are followed by a third prominent prediction with an 18% probability of going above $110.
*This is not investment advice.