While the price of Bitcoin (BTC) has exceeded 52 thousand dollars, investors claim that the price will go even higher.
According to a post on Polymarket, one of the blockchain-based prediction sites, there is a 64% chance that Bitcoin will exceed the 55 thousand dollar threshold. For this, Bitcoin needs to rise 5% from its current position.
It can be said that investors in derivative markets are even more optimistic than this. According to Deribit data, investors started to take positions that the price will rise to between 60 thousand and 62 thousand dollars by March 1.
Similarly, the $59,000 level became one of the most popular positions in CME, which is generally used by institutional investors.
Investors on Manifold, another prediction platform, think that there is a 57% chance that Bitcoin will break the price record of $ 69 thousand in November 2021.