Polymarket: 56% Odds Bitcoin Drops Below $70K
Polymarket assigns Bitcoin a 56% chance of closing below $70,000 by year-end as bearish technical signals mount on the 4-hour chart.
SourceAnalysis
Polymarket now prices a 56% probability that Bitcoin finishes 2026 below $70,000.
BTC trades at $75720.26 inside a bearish structure with price below both the EMA50 at $78162.92 and the EMA200 at $80635.04. The MACD death cross at -595.58 confirms trend weakness while RSI at 37.22 sits neutral. Price remains inside the Bollinger Bands, bounded by upper resistance at $81552.29 and lower support at $74131.21. Traders watch for a potential test of the lower band before any sustained rebound attempt.
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