Bitcoin: Polymarket Sees 59% Odds of Sub-$60K Crash

Bitcoin faces a 59% chance of crashing below $60,000 by month-end according to Polymarket traders. The prediction market contract highlights mounting downside pressure on BTC price prediction models.

Price action at $63464.01 shows a bearish trend with EMA50 at $63825.64 acting as immediate resistance and EMA200 at $63764.45 capping upside. RSI(14) at 49.25 remains neutral while MACD prints a bullish golden cross at -220.46, yet the asset trades inside Bollinger Bands with upper resistance at $64701.21. A rejection here points to a swift test of lower band support near $62079.25 before any sustained move lower materializes.