Polymarket Probability of Bitcoin Breaking $80,000 in March Rises to 40%, Bullish Sentiment Heats Up

Odaily News Bitcoin rose 5.21% on Wednesday to around $71,900, breaking above the upper trendline of what was previously seen as a "bear flag" pattern. The increase in trading volume weakened the bearish structure. Analysis suggests that $80,000 may become the next target for this rebound. Currently, on the prediction market Polymarket, the probability of Bitcoin breaking above $80,000 in March has increased to 40%. Furthermore, the current unfilled gap on the CME is located at $79,660–$81,210 and has persisted since early February. Data shows that 9 out of 10 gaps since August 2025 have been filled, so traders typically view this range as a high-priority target. If Bitcoin does not encounter significant selling pressure near $74,000 in the short term, the probability of it challenging the $80,000 level is increasing. (Cointelegraph)