Polymarket bets reflect hopes for silver’s growth by the end of February.

After falling from a level above $116 to $72, the price of silver has now risen again to $85.

Drawn by this volatility, traders on the Polymarket prediction platform are actively placing bets on where the precious metal will move next.

Silver price chart over the year. Source: Perplexity

In particular, the probability that the price of silver will exceed $70 stands at 87%, and the probability that it will break the $75 threshold equals 53%.

Bets reflect expectations of silver’s growth in February. Source: Polymarket

As seen from the table above, the bets reflect obvious inconsistencies. In particular, one might expect that silver rising to $80 by the end of February would guarantee the triggering of bets at $75 or $60. However, these are separate markets within a broader theme.

For example, silver rising to $70 and above has the highest probability at 87%, while the bet on exceeding the $40 mark is considered realistic with a probability of 86%.

Meanwhile, experts are increasingly talking about a cooling of the precious metals market, which will lead not only to a halt in growth but also to a possible pullback. It is not ruled out that part of the capital, in limited volume, will return again to the cryptocurrency market.

See also: "Michael Saylor outlined Strategy’s plans in case of a further Bitcoin decline"

#Polymarket #Silver #Forecast

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