Investor price forecasts for March published! What is expected for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL)?
Last week, Bitcoin and altcoins showed a strong recovery after the decline that began in October.
Bitcoin briefly rose above the $76,000 mark, but this increase was short-lived, and the price pulled back to around $71,000.
Although both bullish and bearish forecasts are emerging for Bitcoin and altcoins, expectations on the Polymarket prediction platform have also become clearer.
At present, investors believe that in the short term, the downward movement will continue, especially for Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL).
According to Polymarket data, the expected prices for $BTC, $ETH, and $SOL in March were as follows.
1. Bitcoin ($BTC)
According to Polymarket estimates, the probability of Bitcoin’s price falling below $65,000 in March is 35%.
Forecasts under the title “What price will Bitcoin reach in March?” indicate that the most likely scenario is a decline in the price of $BTC.
- A drop below $65,000 is the most likely scenario with a probability of 35%.
- This is followed by a 22% probability that Bitcoin will rise above $80,000 in March.
- Finally, the probability of Bitcoin falling below $60,000 is only about 14%.
2. Ethereum ($ETH)
Forecasts under the title “What will the price of Ethereum be in March?” are predominantly optimistic for Ethereum.
- The most likely scenario is a price above $2,400 with a probability of 53%.
- The probability of a breakout above $2,600 is 23%.
- This is followed by a third, fairly significant forecast with an 8% probability, according to which $ETH will either rise above $2,800 or fall below $1,800.
- The probability that Ethereum will exceed $3,000 in March is estimated at only 3%.
3. Solana ($SOL)
Forecasts under the title “What will the price of Solana shares be in March?” are also predominantly bearish for Solana.
- The most likely scenario is a price below $80 with a probability of 43%.
- Secondly, the probability of a breakout above $100 is already priced in at 41%.
- This is followed by a third notable forecast with an 18% probability of exceeding the $110 level.
See also: "Bitcoin fell below $70,000 amid rising U.S. inflation and the Fed’s rate pause"
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