Will Bitcoin dip below $50k before June?

cryptoResolved

No, settled Jun 1, 2024 UTC

Yes

0.0%

100.0%

Final Yes 0¢Final No 100¢

Lifetime volume

$62.2K

Resolved

Settled

Jun 1, 2024 UTC

Topic roomBitcoin Price

Where it stands

Resolved No on 1 Jun 2024.

The last daily price before settlement had No at 99.9%. Yes opened at 50% on 26 Apr 2024. Before it settled, across the 37 daily closes on record from 26 Apr 2024 to 1 Jun 2024, the highest close was 50% on 26 Apr 2024 and the lowest 0.1% on 1 Jun 2024. Its largest one-day move was 36 points down, to 14.5% on 27 Apr 2024. $62.2K traded over the market's life.

11 wallets still hold shares. Winners redeem theirs after settlement, so what is left is mostly the losing side.

Polymarket record as of Jan 20, 5:11 AM UTC

Price historyPrice history from Polymarket's order book

Daily closes of the Yes price, Polymarket CLOB, 37 points, 26 Apr 2024 – 1 Jun 2024

Yes price, first and latest
Observed	Yes price
26 Apr 2024	50.0%
1 Jun 2024	0.1%

Holders left after settlement

Winners have redeemed their shares, so most of what is left is the losing side.

Trader	Outcome	Shares
elPolloLoco	Yes	1.27K
doretta	Yes	1K
sasksa	Yes	800

10 of 11 listed holders. Polymarket publishes up to 500 per outcome; the Holders tab has them all.

Read the record behind the trader

Open a trader’s name to inspect the wallet’s available P&L, positions and recorded trades, with source dates and coverage. A large position alone does not establish a winning track record.

Rules

How this market was settled

This market will immediately resolve to “Yes” if any Binance 1 minute candle for Bitcoin BTC-USDT between 2024/04/24 00:00 and 2024/05/31 23:59 in the ET timezone has a final “Low” price of 49,999.99 or less. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the BTC-USDT "Low" prices currently available at https://www.binance.com/en/trade/BTC_USDT with “1m” candles selected on the top bar. To see the "Low" prices, mouse over particular candles and look at the value "Low" at the top of the chart. Please note that this market is about the price according to Binance BTC-USDT, not according to other sources or spot markets. Note: If it is clear there is a large data discrepancy issue with Binance (e.g. BTC only hit 61k on other exchanges but 40k on Binance), a consensus of other credible sources may be used.