List of Flash News about October Uptober
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17:11 |
Polymarket Odds Point to 71% Chance Bitcoin (BTC) Hits $126K in October — Trading Signals and Risk Benchmarks
According to the source, Polymarket users assign a 71% probability that Bitcoin (BTC) reaches $126,000 in October, indicating strong bullish positioning on the prediction market (source: Polymarket market odds referenced by the source post on Oct 3). Based on that 71% probability, the implied odds are roughly 2.45-to-1 in favor and the binary break-even price is about 0.71, which traders can use to benchmark directional exposure and position sizing (source: calculation derived from the 71% probability reported by the source). Traders may monitor how this probability tracks versus spot to gauge sentiment shifts and adjust risk if the odds mean-revert materially from 71% toward 50% or 80% thresholds (source: trading inference grounded in the probability reported by the source). |