What price will Bitcoin hit in August?↓ 70,000
Open$509Kas of
Odds now
The market prices a 1% chance that this market resolves YES, as of .
YES1¢
NO100¢
as of
What moved the odds?
4 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
Bitcoin takes a breather after adding 23% in 7 days as ETF demand holds steady. • The price of bitcoin fell to $79,000 on Wednesday after gaining 23% in seven days as August ETF inflows climbed above $3 billion.
BITCOIN BREAKS $80K AS RALLY ACCELERATES • • Bitcoin briefly surged above $80,000 for the first time since May, gaining more than 20% in a week. • • The rally is fueled by concerns over dollar debasement, inflation and government spending. • • Investor demand is also strengthening, with the iShares Bitcoin ETF recording six consecutive days of net inflows. • • Markets remain calm despite Iran tensions and U.S.-Canada trade disputes.
BITCOIN $100,000 ODDS BY YEAR-END RISE TO 28% ON POLYMARKET • • The contract is up 19 points, trading near 8% three days ago. • • Bitcoin has gained 24% since Monday and topped $77,000, its best week since 2023, per CoinDesk. The move broke a $62,000-$66,900 range that had held since July 8. • • Short liquidations totaled about $3B over 24 hours against $263.5M on the long side, the largest short liquidation event since at least 2021. More than $1B cleared in a single hour. The Kobeissi Letter puts total leveraged positions wiped out at $3.5B, which it ranks seventh all-time. CoinGlass counted $2.99B across the August 19 session and ranked it eighth. • • Treasury Secretary Bessent announced long-end bond buybacks doubling from $2B to at least $4B per operation effective September 9. Standard Chartered said Thursday it sees Bitcoin reaching $100,000 by the end of 2026.
Bitcoin Surpasses $70,000 for the First Time in Two Months… Is It Turning Upward?
Where does the news lean?
4YES1NO0neutraltrailing 24h
Average match confidence across the listed signals: 94%.
What would make this resolve YES?
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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