Gate Prediction Market: BTC Holding $70,000 Expected to Prevail, Views Diverge on Further Upside

Odaily Odaily reports that the latest data from the Gate Prediction Market shows that in the prediction related to "whether Bitcoin will be above the following price levels by June 1st," the probability of BTC standing above $68,000 and $70,000 by June 1st is close to 100%, while the probability of standing above $72,000 is about 95%. This indicates that the majority of participants still expect Bitcoin to operate within and above the $70,000 range. However, market views diverge significantly regarding higher price targets. Data shows that the probability of BTC breaking through $74,000 by June 1st is about 31%, while the probability of breaking through $76,000 is only 2%, and the probability of breaking through $78,000 is less than 1%. The current market is relatively optimistic about Bitcoin maintaining its existing price range, but remains cautious about a further substantial rally in the short term.

As the first CEX platform to integrate Polymarket, Gate has already secured the leading position, becoming a key entry point for users to participate in the prediction market. It maintains a competitive advantage in terms of user participation scale, market activity, and ecosystem influence. Users can directly access the prediction market via the Gate App, entering the Polymarket page through the Alpha section on the platform's homepage, and use USDT within their exchange account to participate in event predictions. Gate is continuously expanding its influence in the prediction market field, providing users with a diversified market experience ranging from expectation judgment to trading participation.