Kalshi Traders Forecast Bitcoin Could Dip to $49,000 This Year
Market participants on the prediction platform bet on potential downside volatility, anticipating a significant price drawdown for the top cryptocurrency.
BTC
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Terms & Concepts
Kalshi: A regulated prediction market exchange where participants trade contracts based on the outcome of future real-world events.
Prediction Market: A marketplace where exchange-traded contracts are created to trade on the outcome of future events, reflecting the crowd's probability estimates.