Will $BTC hit $50k or $70k first?

cryptoResolved

70k, settled Jul 29, 2024 UTC

50k

0.0%

70k

100.0%

Final 50k 0¢Final 70k 100¢

Lifetime volume

$523.7K

Resolved

70k

Settled

Jul 29, 2024 UTC

Topic roomBitcoin Price

Where it stands

Resolved 70k on 29 Jul 2024.

The last daily price before settlement had 70k at 93%. The 50k side opened at 58% on 13 Jul 2024. Before it settled, across the 17 daily closes on record from 13 Jul 2024 to 29 Jul 2024, the highest close was 58% on 13 Jul 2024 and the lowest 6.5% on 22 Jul 2024. Its largest one-day move was 37 points down, to 9.5% on 16 Jul 2024. $523.71K traded over the market's life.

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

Polymarket record as of Jan 20, 5:10 AM UTC

Price historyPrice history from Polymarket's order book

Daily closes of the 50k price, Polymarket CLOB, 17 points, 13 Jul 2024 – 29 Jul 2024

50k price, first and latest
Observed	50k price
13 Jul 2024	58.0%
29 Jul 2024	7.0%

Holders left after settlement

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

Trader	Outcome	Shares
John100	50k	6.2K
AndyY	50k	5.06K
zhenbic	50k	2.99K
kqabbb	50k	1.88K

10 of 80 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 is a market on whether Bitcoin ($BTC) will first reach $50,000.00 USD or $70,000.00 USD between July 12, 2024, 12 PM ET, and December 31, 2024, 11:59 PM ET. This market will resolve to "50k" if $BTC drops to $50,000.00 USD or less first within the market timeframe. This market will resolve to "70k" if $BTC reaches $70,000.00 or more first within the market timeframe. If the price of $BTC neither drops to $50,000.00 or below nor reaches $70,000.00 or more within the market timeframe, this market will resolve 50-50. The resolution source for this market is Binance, specifically the BTCUSDT "High" and "Low" prices currently available at https://www.binance.com/en/trade/BTC_USDT with “1m” and “Candles” selected on the top bar. Please note that this market is about the price according to Binance BTC/USDT, not according to other sources or spot markets.