Polymarket Prediction Bets: A Look at the August Price Forecasts for BTC, ETH, SOL, and DOGE
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- Polymarket traders give Bitcoin a 62% chance of ending August near $120,000.
- Ethereum is likely to close the month between $3,800 and $3,900.
- Solana and Dogecoin are also forecasted to remain in narrow trading ranges.
Traders on the Polymarket prediction platform are betting on a month of consolidation for major cryptocurrencies, with data suggesting limited price action for Bitcoin, Ethereum, Solana, and Dogecoin by the end of August. The collective outlook points to a period of subdued market sentiment following recent rallies.
Bitcoin Likely to Stay Near $120,000
Prediction data shows traders believe Bitcoin will end August with a price close to $120,000. As of this press time, the most probable outcomes include a 62% chance of Bitcoin hitting $120,000 and an 82% chance for $117,000. The $125,000 level carries a 36% probability. Notably, Bitcoin trades at $114,326, a 0.4% rise in the past day.
Related: Bitcoin Correction Begins, Analyst Says It’s Time to Accumulate for Next Crypto Run
Meanwhile, the likelihood of Bitcoin reaching higher targets remains low. Only 2% of bets support a move to $150,000, and less than 1% expect a price as high as $2…
The post Polymarket Prediction Bets: A Look at the August Price Forecasts for BTC, ETH, SOL, and DOGE appeared first on Coin Edition.
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$ 0.0827
+1.60%
$ 1.92K
-1.38%
$ 0.0911
+0.08%
$ 0.00...361
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$ 65.43K
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+1.60%$ 1.92K
-1.38%$ 0.0911
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Polymarket Prediction Bets: A Look at the August Price Forecasts for BTC, ETH, SOL, and DOGE
Share:
- Polymarket traders give Bitcoin a 62% chance of ending August near $120,000.
- Ethereum is likely to close the month between $3,800 and $3,900.
- Solana and Dogecoin are also forecasted to remain in narrow trading ranges.
Traders on the Polymarket prediction platform are betting on a month of consolidation for major cryptocurrencies, with data suggesting limited price action for Bitcoin, Ethereum, Solana, and Dogecoin by the end of August. The collective outlook points to a period of subdued market sentiment following recent rallies.
Bitcoin Likely to Stay Near $120,000
Prediction data shows traders believe Bitcoin will end August with a price close to $120,000. As of this press time, the most probable outcomes include a 62% chance of Bitcoin hitting $120,000 and an 82% chance for $117,000. The $125,000 level carries a 36% probability. Notably, Bitcoin trades at $114,326, a 0.4% rise in the past day.
Related: Bitcoin Correction Begins, Analyst Says It’s Time to Accumulate for Next Crypto Run
Meanwhile, the likelihood of Bitcoin reaching higher targets remains low. Only 2% of bets support a move to $150,000, and less than 1% expect a price as high as $2…
The post Polymarket Prediction Bets: A Look at the August Price Forecasts for BTC, ETH, SOL, and DOGE appeared first on Coin Edition.
In This News
Coins
$ 65.43K
-2.73%$ 0.0827
+1.60%$ 1.92K
-1.38%$ 0.0911
+0.08%$ 0.00...361
Funds
Share:
In This News
Coins
$ 65.43K
-2.73%$ 0.0827
+1.60%$ 1.92K
-1.38%$ 0.0911
+0.08%$ 0.00...361
Funds
Share:
Read More
XRP (XRP) Price Prediction: Can Bulls Flip $1.72 to Shift Trend?