Will Bitcoin dip to $62,500 in August?
BUY YES
- Cost
- 76.0¢
- Implied chance
- 76.0%
- Return if right
- 31.6%
- Spread cost
- 3%
If you put in $100
You get 131.6 shares at 76.0¢ each.
YES wins: $131.58 back, a profit of $31.58. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $0.87 of that profit. Without it you would make $32.45.
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
- 25.0¢
- Implied chance
- 25.0%
- Return if right
- 300.0%
- Spread cost
- 3%
If you put in $100
You get 400.0 shares at 25.0¢ each.
NO wins: $400.00 back, a profit of $300.00. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $8.16 of that profit. Without it you would make $308.16.
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, 08:34 PM7 outcomes stayed under 3% and are not plotted
Latest news
headlines link to their publishers- BTCPay Server Offers 3 Bitcoin Bounty for Recovery of Stolen Funds After Wallet ExploitBitcoin Magazine · 10m ago
- Strategy builds $4.75 billion cash cushion as only bitcoin isn’t enough for investorsCoinDesk · 33m ago
- Bitcoin Exchange-Traded Funds See Spike In Inflows Following Huge HackBitcoin Magazine · 1h ago
- BlackRock says bitcoin sentiment is turning as decoupling from stocks takes holdThe Block · 1h ago
- Another Dormant Bitcoin Wallet Holding Millions Wakes Up After 12 YearsDecrypt · 1h ago
- Riot Platforms and MARA Drop 6%, CleanSpark Sinks 5% as Strategy Sells Bitcoin, SharesYahoo Finance · 3h ago
Headlines are matched on the names in “Will Bitcoin dip to $62,500 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 resolve to "Yes" if any Binance 1 minute candle for BTC/USDT from the creation of this market through 11:59 PM ET on the last day of the month specified in the title has a final Low price equal to or lower than the price specified in the title. Otherwise, this market will resolve to "No". Price action before this market's creation will not be considered. 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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