Svmuureports that recently, participation in predictions around Bitcoin's April price trend has increased, with market opinions becoming more dispersed. As the first CEX to integrate Polymarket, data from the Gate platform shows that for the event "What price will Bitcoin reach in April?", the probability of BTC reaching $80,000 is approximately 53%, and $75,000 is around 51%; meanwhile, the probabilities of rising to $82,500 and $85,000 are about 21% and 7% respectively. Conversely, the probabilities of dropping to $70,000 and $65,000 are about 10% and 4% respectively, indicating that the market is placing bets across multiple price ranges.
Currently, users can directly access the prediction market via the Gate App. By entering the Polymarket page from the Alpha section on the platform's homepage, users can participate in event predictions using USDT from their exchange account. This integration marks a key step for Gate in merging the crypto trading ecosystem with prediction markets, offering users a diversified market experience that spans from forming expectations to engaging in trades.
Bitcoin price expectations for April show a divergence, with Gate data indicating rising heat in the prediction market
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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