Bitcoin: Polymarket Odds at 31% for Sub-$40K Drop

The odds on Polymarket of Bitcoin $BTC falling under $40K at some point this year currently sits at 31%.

BTC price at $59775.91 sits below the EMA50 at $63479.89 and EMA200 at $67929.98 in a confirmed bearish trend while the MACD death cross at -755.47 reinforces downside pressure; price tests the lower Bollinger Band support at $60483.12 with RSI(14) at 23.08 flashing oversold, suggesting any relief rally would likely stall near the $65862.6 upper band before continuation lower in this BTC price prediction setup amid crypto market crash fears.