Market Context by Polymarket
The Bitcoin above $60,000 on August 16? market on Polymarket prices the likelihood of each possible outcome as an implied probability. No currently leads at 99%, ahead of Yes at 1%. The market resolves on 16 August 2024.
Cumulative volume on this market is $840K. You can explore live prices, the full outcome list and trader positioning in the analytics above.
How this market resolves?
This market will resolve to "Yes" if the Binance 1 minute candle for BTCUSDT 16 Aug '24 12:00 in the ET timezone (noon) has a final “Close” price of 60,000.01 or higher. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the BTCUSDT "Close" prices currently available at https://www.binance.com/en/trade/BTC_USDT with “1m” and “Candles” selected on the top bar. Please note that this market is about the price according to Binance BTCUSDT, not according to other sources or spot markets.
Frequently Asked Questions
What are the current Polymarket odds for Bitcoin above $60,000 on August 16??
No leads at 99%, followed by Yes at 1%. Odds reflect live trading on Polymarket.
Who is the favourite on Bitcoin above $60,000 on August 16??
No, at 99% implied probability.
How does the Bitcoin above $60,000 on August 16? market resolve?
The market resolves on 16 August 2024. Shares in the winning outcome settle at $1.00; all others settle at $0.00. See How this market resolves? above for the official resolution rules.
How much money is on Bitcoin above $60,000 on August 16??
$840K has traded cumulatively on this market across 2 outcomes.
Can I see who is betting on Bitcoin above $60,000 on August 16??
Yes. Polymarket trades are on-chain, so positions are public. Use the holders and traders views on this page to inspect wallets active in this market.
How accurate are Polymarket odds on crypto?
Crypto markets price rapidly and reflect sentiment shifts within minutes, but they are volatile and prone to sharp reversals on thin liquidity. Volume matters more than price level when judging conviction.