The price of Bitcoin (BTC) experienced a significant drop today, falling below $104,000. This sharp decline has sparked worry among investors, especially as the market is buzzing with questions about whether BTC will break through the crucial $100,000 mark before the end of October. 📈 📉 A recent analysis from prediction platform Polymarket offers insight into investor sentiment. 🧐 According to the data: While the probability of Bitcoin falling below $100,000 this month stands at 48.9%, the likelihood of it remaining above that mark is only 52.9%. The market seems largely divided with a significant portion of investors anticipating a price drop below $100,000 in October. The data also reveals predictions for potential price drops, with 24.6% probability of Bitcoin falling below $95,000 and 9.8% chance of it dipping below $90,000. Meanwhile, optimistic expectations surrounding upward price movement are limited: only a 6% likelihood of Bitcoin surpassing $130,000 this month and 2% probability of it reaching beyond $135,000. Interestingly, according to Polymarket data, the potential for Ethereum’s price to drop is also being debated: 45% of investors predict a decline to around $3,400 in October with probabilities of under $3,000 and below $2,800 also high at 15% and 9% respectively. While the probability of Ethereum exceeding $5,000 is only at 9%, it’s important to note that this is not financial advice. Please read on for further details.