Will Bitcoin dip to $58,000 August 10-16?
BUY YES
- Cost
- 0.8¢
- Implied chance
- 0.8%
- Return if right
- 12400.0%
- Spread cost
- 25%
If you put in $100
You get 12500.0 shares at 0.8¢ each.
YES wins: $12500.00 back, a profit of $12400.00. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $4166.67 of that profit. Without it you would make $16566.67.
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
- 99.6¢
- Implied chance
- 99.6%
- Return if right
- 0.4%
- Spread cost
- 33%
If you put in $100
You get 100.4 shares at 99.6¢ each.
NO wins: $100.40 back, a profit of $0.40. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $0.20 of that profit. Without it you would make $0.60.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
Latest: Aug 15, 05:56 AM2 outcomes stayed under 3% and are not plotted2 further outcomes not shown
Latest news
headlines link to their publishers- Edelman Financial, Tudor Investment Reveal Significant Bitcoin HoldingsBitcoin Magazine · 8h ago
- Abu Dhabi Sovereign Wealth Funds Keep Big Bitcoin PositionsBitcoin Magazine · 9h ago
- France Tax Data Leak Could Fuel Scams, Attacks Targeting Bitcoin HoldersDecrypt · 9h ago
- Bitcoiners Warned After French Tax Authority Confirms Data Breach Affecting Hundreds of ThousandsBitcoin Magazine · 9h ago
- Cboe seeks SEC nod for first US 3x bitcoin and ether ETFsThe Block · 11h ago
- Coldcard Bitcoin Thefts Slow, But Losses Could Top $150 Million: GalaxyDecrypt · 12h ago
Headlines are matched on the names in “Will Bitcoin dip to $58,000 August 10-16?”. 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 Bitcoin (BTC/USDT) during the date range specified in the title (from 12:00 AM ET on the first date 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" 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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