Will Bitcoin Hit an All-time High by March 31st, 2024?

Contract

Best Yes Price

25¢

Options

Best Price Implies

Implied Probability: 25%
European Decimal Odds: 4
American Odds: +300
Buy
Ask Price Ask Size
Sell
Bid Price Bid Size

Market Information

Market Open Date Market Close Date Currency Profit Fee
2024-01-04 2024-03-31 USD 0%

Rules

This market will resolve to "Yes" if Bitcoin (BTC) reaches a price greater than $68,789 according to Binance between December 14, 2023, 12:00 AM ET and March 31, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No".

The resolution source for this market will be the 30-min candlestick high prices from Binance (https://www.binance.com/en/trade/BTC_USDT). If Binance is unavailable, a consensus of other credible sources will be used.

The "Bet Locks" feature is enabled.  This means that bets placed after announcement of Putin leaving office or confirmation will be returned. This could also include an announcement that Putin has suffered a debilitating injury, such as a stroke or heart attack, or from from a car accident that ultimately results in him leaving office, or from an announcement that he will step down in the future. Funds from liquidated positions will be unable to be withdrawn or traded for 72-hours.

There are "maker subsidies" and "taker fees" on this market. The taker fees apply when you match an existing order on the order book, whereas the maker subsidy happens when you place an unmatched order that can be matched later. The maker subsidies are .05 times the price, times the potential profit (e.g., Maker Subsidy per share = .05*Price/100*(1-Price/100)). The taker fees are .1 times the price, times the potential profit (e.g., Taker Fee per share = .1*Price/100*(1-Price/100)). Thus, the maker subsidy to buy 100 shares at 20 cents would be: 100*.05*(20/100)*(80/100) = $0.80, and the taker fee would be $1.60. The full fee schedule is here. End Date: 3/31/2024