BEARISH 📉 : Bitcoin declines 13.43%, Polymarket predicts further drop to $65,000

Bitcoin is showing signs of a downturn, with its price currently between $75,000 and $77,000. Prediction markets on Polymarket suggest a 72% chance of Bitcoin dropping further to around $65,000 this year.

  • Bitcoin's current price is $77,752.83, reflecting a 13.43% decrease over the past 30 days.
  • A recent bearish sell-off pushed BTC below $75,000.
  • Prediction markets indicate significant probabilities for BTC to fall below $55,000 (61%) and reach $100,000 by year-end (54%).

Michael Saylor’s Strategy recently purchased 2,932 BTC at an average price of $90,061 per Bitcoin, increasing its holdings to 712,647 BTC, but now faces over $1 billion in unrealized losses.

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