đ **Bitcoin on the Rise? Polymarket Poll Shows Optimism!** đ
- A recent Polymarket poll reveals 63% of participants believe Bitcoin (BTC) will hit a new record high this year, up from 42% earlier this month.
- BTC currently trades at $63,840, needing a 15.6% boost to surpass its all-time high of $68,777.
- Key catalysts: Fed rate cuts, economic data showing contraction, and increased institutional investments in spot Bitcoin ETFs.
- Bitcoin balances on exchanges hit a new low, indicating strong self-custody trends.
- Historical data shows Q4 is typically strong for BTC, with average returns of 88%.
đŹ What do you think? Will BTC soar to new heights? Share your thoughts below!