Polymarket Gives Bitcoin Price a 64% Chance of Reaching $80K This Month

Traders on the prediction market platform Polymarket have priced in a 64% probability that Bitcoin will touch $80,000 before the end of September, representing a decline of nearly 30% in probability since September 9. In comparison, traders see a downside drop to $75,000 as more probable, bidding it at 68.5%. Higher targets face steeper resistance in sentiment, with $90,000 priced at just 8.5% and $100,000 at 1.75%. The September contract requires a single one-minute candle on Binance BTC/USDT to print at or above $80,000. Bitcoin recently reached an intraday peak of $79,505, falling roughly $495 short of triggering the contract. Market activity remains substantial, recording $5.17 million in total volume and $1.46 million in liquidity. Macroeconomic events continue to dictate near-term sentiment. With core CPI inflation coming in hotter than anticipated and pushing rate-hike expectations higher, market participants are heavily focused on the upcoming Federal Open Market Committee meeting on September 15-16, which is expected to serve as the critical catalyst for Bitcoin's direction.