The post Polymarket shows 50% odds of Bitcoin reaching $85K in November appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin is trading at $89,000 amid broader weakness in crypto and equities, raising downside expectations. Polymarket users are pricing 50% odds of BTC hitting $85K this month, reflecting growing bearish sentiment. Polymarket traders now give 50% odds that Bitcoin will drop to $85,000 in November, with BTC sliding to $89,000 today. The outlook comes amid renewed pressure across crypto markets and a broader downtrend in equities, pushing traders to brace for further downside. The prediction market platform allows users to trade on real-world outcomes, offering a real-time snapshot of market sentiment. As Bitcoin continues to struggle under macro headwinds, traders are using Polymarket to hedge or express views on BTC’s near-term price action. With risk assets broadly underperforming, markets are increasingly positioning for a potential retest of the $85K level in the coming weeks. Source: https://cryptobriefing.com/polymarket-bitcoin-85k-odds-november/The post Polymarket shows 50% odds of Bitcoin reaching $85K in November appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin is trading at $89,000 amid broader weakness in crypto and equities, raising downside expectations. Polymarket users are pricing 50% odds of BTC hitting $85K this month, reflecting growing bearish sentiment. Polymarket traders now give 50% odds that Bitcoin will drop to $85,000 in November, with BTC sliding to $89,000 today. The outlook comes amid renewed pressure across crypto markets and a broader downtrend in equities, pushing traders to brace for further downside. The prediction market platform allows users to trade on real-world outcomes, offering a real-time snapshot of market sentiment. As Bitcoin continues to struggle under macro headwinds, traders are using Polymarket to hedge or express views on BTC’s near-term price action. With risk assets broadly underperforming, markets are increasingly positioning for a potential retest of the $85K level in the coming weeks. Source: https://cryptobriefing.com/polymarket-bitcoin-85k-odds-november/