With less than a week remaining until the start of April, crypto traders are locking in their Bitcoin ($BTC) price targets for next month.
As of March 25, nearly 21% of traders are betting on a $BTC price drop to $65,000 by April 1, as per data from a cryptocurrency-based prediction platform Polymarket. These odds have plummeted 63% in recent days as Bitcoin rebounds, yet remain the majority of bets and the highest volume of $7.7 million.
On the downside, $BTC’s probability of sliding to $60,000 has dropped 47% to 5%. Polymarket traders forecast just a 1% chance of Bitcoin falling to $55,000, with $5.2 million already traded on this outcome.
finbold.com


