Polymarket Odds of Bitcoin Regaining $70,000 in April Rise to 91%

Polymarket is a prediction market where participants trade on the probability of event outcomes, with contract prices reflecting real-time expectations for Bitcoin's trajectory. Whether Bitcoin can regain $70,000 in April will affect not only near-term market confidence but also leveraged positions, capital flows and risk appetite.

The latest Polymarket data showed the probability of Bitcoin returning to $70,000 in April jumped 19 percentage points in a single day to 91%. After BTC broke above $69,500, cumulative trading volume in the related contract exceeded $6.43 million. More than 80,000 short positions were liquidated during the sharp rally.