Prediction market Polymarket shows an 80% probability on Bitcoin to hit $120,000 in July
This comes as Bitcoin has just set a new all-time high of $118,426 and is trading near $118,000
The bullish sentiment is backed by a 95% surge in 24-hour trading volume, which hit $119 billion
The blockchain-based prediction platform, Polymarket, reveals that the majority of crypto community members expect Bitcoin to clinch the $120,000 price mark in July.
Data from the probability platform shows that 80% of crypto users expect Bitcoin to hit this target, while a few others believe the surge will continue to $130,000 and beyond.
Polymarket Odds
Polymarket’s data at the time of writing shows that 26% of the platform’s users expect Bitcoin to reach $130,000 in July, while only 4% believe the price can hit a $150,000 target before the end of the month. Meanwhile, one percent of the prediction platform’s population is optimistic that Bitcoin’s price will continue to climb and will hit the $200,000 target in July.
Related: Bhutan Deposits $23.6M in Bitcoin to Binance Amid BTC All-Time High Surge
In contrast, a portion of Polymarket users expect Bitcoin’s p…
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