Myriad Sees 98% Chance Bitcoin Won't Hit Predicted Low in September

A recent forecast from Myriad predicts that Bitcoin could dip to $57,500 in September. The odds of this happening are not encouraging, with a whopping 98% chance that it won't reach this target.

The current probabilities on Myriad show a significant skew towards no event at the lower price point. Specifically, there's a 75% chance of Bitcoin staying above $70,000, while only a 3% chance of reaching the predicted low of $57,500 or below.