Bitcoin’s Uptober Fade: Polymarket Traders Show Caution Ahead of October Surge

Recent data indicates that market optimism for Bitcoin’s potential surge to $100,000 this month is waning on the popular trading platform, Polymarket. While traders anticipate a 30% chance of hitting this mark, only a meager 1% predict an even higher surge to $150,000 by October’s end. This shift in sentiment follows Bitcoin’s recent withdrawal activity exceeding $4.8 billion, signaling continued long-term accumulation despite the market cooling down.