Polymarket: Bitcoin has a 64% probability of reaching $80,000 this month, and a 68.5% probability of falling to $75,000.

According to Polymarket data, traders expect a 64% probability that Bitcoin will reach $80,000 in September, and a 68.5% probability that it will fall to $75,000. With 18 days remaining until 11:59 PM ET on September 30th, market pricing suggests a higher probability of a downward move. The market is defined as a "yes" market if the highest price of any 1-minute candlestick chart on Binance BTC/USDT reaches or exceeds $80,000 before September 30th. The market was created on September 7th, and prices before its creation are not included. Bitcoin reached $81,265 on September 4th and $80,329 on September 7th. Polymarket data shows that the total trading volume for price events in September is $5.17 million, with liquidity of approximately $1.46 million. Bitcoin's intraday high reached $79,505, $495 away from triggering the condition. The probabilities of reaching $90,000 and $100,000 are 8.5% and 1.75%, respectively, while the probabilities of reaching $72,500 and $70,000 are 40.5% and 22.5%, respectively. (Bitcoin.com News)