Market Context by Polymarket
The Will BTC hit $50,000 by Jan 31? market on Polymarket prices the likelihood of each possible outcome as an implied probability. Yes currently leads at 100%, ahead of No at 0%. The market resolves on 31 January 2024.
Cumulative volume on this market is $878K. You can explore live prices, the full outcome list and trader positioning in the analytics above.
How this market resolves?
This market will immediately resolve to “Yes” if any Coinbase 1 minute candle for BTC-USD between 26 Dec '23 8:00 and 31 Jan '24 23:59 in the ET timezone has a final “High” price of 50,000.00 or higher. Otherwise, this market will resolve to "No". The resolution source for this market is https://www.coinbase.com/, specifically the BTC-USD "High" prices currently available at https://www.coinbase.com/advanced-trade/BTC-USD with “1m” and “Candles” selected on the top bar. To see the "High" prices, mouse over particular candles and look at the value "H" at the top of the chart. Please note that this market is about the price according to Coinbase BTC-USD, not according to other sources or spot markets.
Frequently Asked Questions
What are the current Polymarket odds for Will BTC hit $50,000 by Jan 31??
Yes leads at 100%, followed by No at 0%. Odds reflect live trading on Polymarket.
Who is the favourite on BTC hit $50,000 by Jan 31??
Yes, at 100% implied probability.
How does the Will BTC hit $50,000 by Jan 31? market resolve?
The market resolves on 31 January 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 BTC hit $50,000 by Jan 31??
$878K has traded cumulatively on this market across 2 outcomes.
Can I see who is betting on BTC hit $50,000 by Jan 31??
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.