Bitcoin Reclaims $80,000 Amid ETF Inflows, but Polymarket Odds Put $90K Probability at Just 23%

BTC-0.88%
According to CryptoQuant and Polymarket data, Bitcoin reclaimed the $80,000 level on May 4 as strong spot ETF inflows and rising leverage lifted prices. However, weak on-chain spot demand signals caution among traders; Polymarket odds assign just a 23% probability to Bitcoin reaching $90,000 by month-end, suggesting limited conviction in a sustained breakout despite recent momentum.
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