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Gemini Traders Put Bitcoin’s Chance of Being Above $80,000 at 88% for the Oct. 27 Cutoff.

The estimate was 36% earlier that morning, a 52-percentage-point increase.

By Enna Lee
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A gold coin balances at the edge of a brass ledge / TokenPost.ai
A gold coin balances at the edge of a brass ledge / TokenPost.ai

Gemini traders put the chance that Bitcoin (BTC) would be above $80,000 at 88% for the Oct. 27 cutoff, up from an earlier reading that morning.

The estimate had stood at 36%, a 52-percentage-point increase. The forecast concerned whether Bitcoin would be above $80,000 at the stated cutoff.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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