Polymarket predicts a 92% probability that BTC will fall below $85,000 in November.

According to ChainCatcher, as shown on the official Polymarket website, regarding the event "What will the price of Bitcoin be in November?", the market currently predicts a 92% probability that it will be below $85,000, a 43% probability that it will be below $80,000, and a 17% probability that it will further fall below $75,000.

Previously, it was reported that Banmuxia expects the likely bottom range for Bitcoin to be between $81,800 and $74,800; on-chain data analyst Murphy predicts that the $60,000 to $70,000 range is a deep bear price zone for Bitcoin; Arthur Hayes stated that Bitcoin may first drop to $80,000–$85,000, and then surge to the $200,000–$250,000 range by the end of the year; economist Hong Hao said that BTC would only find "effective support" when it drops to a price starting with 7.

At the time of writing, BTC is trading at $85,238, down 7.2% in the past 24 hours.