Bitcoin Is Pumping But Prediction Market Traders Aren't Convinced
In briefBitcoin traded at $71,556 on Thursday, up 3.26% on the day and inside a $68,858–$72,408 band,The move extends a Wednesdays 8.7% rip.On Myriad, the “pump to $84K or dump to $55K” market sits at a near 50-50 chances after leaning roughly 70% toward the dump days earlier. Bitcoin traded at $71,556 on Thursday, up 3.26% on the day, as bulls attempt to break the bearish trend for the first time in months. Sentiment across the market has clearly shifted, but traders on prediction markets dont appear convinced just yet. Today‘s move extends Bitcoins sharpest rally in five months, with yesterday’s performance being the strongest one-day jump since March 4 and its highest price since June 1. Myriad: Bitcoin price next move? Click to make your prediction. Prediction markets turn crowd bets into live odds, and on Myriad, a market run by Decrypts parent company Dastan, traders were leaning roughly 70% toward a dump to $55,000 just days ago. By Wednesday afternoon the odds had collapsed to a near coin flip: about 52% on the bullish $84K side, 48% on the bearish $55K. But the skepticism isnt uniform, and the odds will vary across markets. Polymarkets flagship 2026 price market was pricing a 56% chance