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via Decrypt · By Decrypt Editorial
Bitcoin Traders Increasingly Convinced Price Will Fall Below $70K by End of May
BTC
BTC/USDT
$64,633.99
+0.46%
$64,633.99
+0.46%
(24s)24h Volume
$18,440,388,383.30
24h H/L
$65,176.60 / $63,267.34
Change: $1,909.26 (3.02%)
Long/Short
57.5%
Long: 57.5%Short: 42.5%
Funding Rate
+0.0054%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:21 PM UTC)
1 min read
In brief
- Odds of Bitcoin falling below $70,000 before the end of May have risen on Polymarket and Myriad.
- Nevertheless, traders still believe it will hold the line, with odds of it falling below at just 26%.
- Bitcoin's price slide has been catalyzed by significant ETF outflows and rising crypto liquidations.
Prediction market users think it's more and more likely that Bitcoin will dip below…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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