Will Bitcoin dip to $57,500 in August?
BUY YES
- Cost
- 17.0¢
- Implied chance
- 17.0%
- Return if right
- 488.2%
- Spread cost
- 4%
If you put in $100
You get 588.2 shares at 17.0¢ each.
YES wins: $588.24 back, a profit of $488.24. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $17.83 of that profit. Without it you would make $506.06.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy YES on Polymarket
BUY NO
- Cost
- 84.0¢
- Implied chance
- 84.0%
- Return if right
- 19.0%
- Spread cost
- 4%
If you put in $100
You get 119.0 shares at 84.0¢ each.
NO wins: $119.05 back, a profit of $19.05. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $0.71 of that profit. Without it you would make $19.76.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
Latest: Aug 10, 04:44 PM8 outcomes stayed under 3% and are not plotted
Latest news
headlines link to their publishers- Strategy Sells Bitcoin Again For Cash Buffer, STRC BuybackBitcoin Magazine · 31m ago
- Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointmentCointelegraph · 34m ago
- Top economist says Bitcoin has one flaw gold will never haveYahoo Finance · 44m ago
- BlackRock launches two Canada ETFs, with one allocating 3% to BitcoinCointelegraph · 50m ago
- Spot Bitcoin ETFs Post Strongest Weekly Inflows Since April After Coldcard HackYahoo Finance · 1h ago
- Bitcoin miner Bitdeer’s shares sink 15% despite revenue growth, progress on AI pivotThe Block · 1h ago
Headlines are matched on the names in “Will Bitcoin dip to $57,500 in August?”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.
How this market resolves
This market will immediately resolve to "Yes" if any Binance 1 minute candle for BTC/USDT during the month specified in the title (from 00:00 AM ET on the first day to 11:59 PM ET on the last), has a final Low price equal to or lower than the price specified in the title. Otherwise, this market will resolve to "No." The resolution source for this market is Binance, specifically the BTC/USDT Low prices available at https://www.binance.com/en/trade/BTC_USDT, with the chart settings on "1m" for one-minute candles selected on the top bar. Please note that the outcome of this market depends solely on the price data from the Binance BTC/USDT trading pair. Prices from other exchanges, different trading pairs, or spot markets will not be considered for the resolution of this market.
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