Bitcoin: Polymarket Sees 50% Odds of Sub-$50K Drop
Bitcoin holds 50% chance of crashing below $50,000 by year-end on Polymarket as BTC trades at $66,791 amid bearish 4h structure.
SourceAnalysis
Polymarket assigns a 50% probability BTC crashes below $50,000 by year-end while price sits at $66,791.24.
Price action shows bearish trend structure with EMA50 at $73,276.82 and EMA200 at $76,029.2 capping upside, while RSI(14) at 12.9 marks oversold momentum and MACD death cross at -1556.91 reinforces downside pressure; BTC tests lower Bollinger support near $67,618.81 after recent rejection at upper resistance $76,635.96, aligning with BTC price prediction models pricing in elevated crypto market crash risk.
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