A Polymarket prediction market has been set up to track the future price movement of Bitcoin, allowing users to place bets on whether the cryptocurrency's value will rise or fall within a specified time frame.
The market's resolution source is Chainlink's BTC/USD data stream, which provides real-time information on Bitcoin's price movements. This means that the predictions made in the Polymarket are based on actual price activity and not just speculation.
Users can predict the outcome of each 5-minute interval, with the market resolving to 'Up' if the price at the end of the time range is greater than or equal to the price at the beginning. If the price falls below the starting value, the market will resolve to 'Down'.