Polymarket data reveals Bitcoin has a 50% probability of reaching $90,000 and a 28% chance of hitting $110,000 in February, with the prediction market showing $9,022,000 in total trading volume. The two price levels represent the most likely outcomes according to current market sentiment.

The probability distribution shows decreasing confidence in higher price targets, with a 15% chance for $115,000, 10% for $120,000, and only 4% probability for $130,000. Lower price targets maintain significant probabilities, with a 23% chance of Bitcoin reaching $85,000.

"In the yellow book on technical analysis I learned that big highs get tested for new ice. If there is no huge intervention this months, the stuff is currently looking safe," noted trader SystemsBypaglHz, providing historical context for the current price levels.

However, some traders express skepticism about the current probabilities. Trader tryingmack observed: "It's gonna go more little bit money well to buy more cheap price around 85-90 which gonna dip because poor job report from usa, fed approach, possible incoming tariffs, but since recall gonna start it will be easy fast."

The market rules specify resolution based on 1-minute candles for Bitcoin (BTC/USDT) between specific dates in February. Trading volume has remained consistent, with particular activity around key psychological price levels.

A bearish perspective comes from trader nonone, who stated "BTC is going down!!! brothers," suggesting potential downside risks to current price targets. This contrasts with more optimistic views represented in the higher probability brackets.

Trading patterns show increased activity around the $90,000 level, which maintains the highest probability. The distribution of probabilities suggests traders see a reasonable chance of Bitcoin maintaining its upward momentum while acknowledging significant uncertainty about reaching the highest price targets.

From a technical analysis perspective, butrypants noted: "February was always crazy good for bitcoin, and lot of countrys were some ft reserve, so it depends when next bull start." This historical pattern analysis adds context to the current market expectations.

The market data suggests traders view $90,000 as a realistic target while maintaining significant uncertainty about higher price levels, with probabilities dropping sharply above $120,000. The balanced distribution of probabilities indicates a market that acknowledges both upside potential and downside risks in the short term.