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#Polymarket预测市场 I just saw the Bitcoin prediction market on Polymarket and was a bit shocked 🤯 The probability of Bitcoin reaching $100,000 in January is actually 38%. What does this mean? It seems the market is still quite optimistic about the future.
However, I have to admit, I was a bit confused when looking at these numbers — the probability of reaching $95,000 is 69%, but there's also a 20% chance it could drop to $80,000 🤔 What does this indicate? Does it mean everyone thinks Bitcoin will fluctuate within a range but is more inclined to go up?
What intrigues me the most is, how exactly does a prediction market like Polymarket operate? Are participants really "voting" with their money? It feels like this might reflect the true market sentiment better than just analyzing technical charts. Can anyone knowledgeable explain to beginners? I want to learn how to interpret these prediction data to extract some insights, rather than blindly following the trend 😅