Gate predicts that the market will stabilize BTC at US$70,000, expected to dominate and impact high, views diverge

Gate predicts that the latest market data shows that in the forecast related to "whether Bitcoin will be higher than the following prices", the probability of BTC standing at US$68,000 and US$70,000 are both close to 100%, and the probability of standing at US$72,000 is about 95%. This shows that most participants still expect Bitcoin to operate in the range around US$70,000 and above. However, market views have diverged significantly for higher price targets. Data shows that the probability of BTC breaking through US$74,000 is about 31%, while the probability of breaking through US$76,000 is only 2%, and the probability of breaking through US$78,000 is less than 1%. The current market is relatively optimistic that Bitcoin will maintain its current price range, but is still cautious about further sharp increases in the short term. As the first CEX platform to connect to Polymarket, Gate has ranked first and has become an important entry point for users to participate in the prediction market, maintaining a leading edge in terms of user participation scale, market activity and ecological influence. Users can directly access the prediction market through GateApp, enter the Polymarket page from Alpha, the platform's homepage, and use the USDT in the exchange account to participate in event prediction. Gate is continuously expanding its influence in the predictive market space, providing users with a diversified market experience from expected judgment to trading participation.