Gate Prediction Market: BTC Stabilizing Above $70,000 Expected to Prevail, Views Diverge on Higher Levels

Odaily Odaily reports that the latest data from the Gate Prediction Market shows that in predictions for "whether Bitcoin will be above the following prices on June 1st," the probability of BTC reaching $68,000 and $70,000 on June 1st is both close to 100%, while the probability of reaching $72,000 is approximately 95%. This indicates that most participants still expect Bitcoin to trade in and above the $70,000 range. However, market views diverge significantly for higher price targets. The data shows that the probability of BTC breaking through $74,000 on June 1st is about 31%, 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 current price range but remains cautious about a major short-term surge.

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