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Guavy AI Editorial TeamSentiment: 2Clout: 85

Polymarket Offers Bitcoin Price Prediction Bets Based on Chainlink Data

A new betting opportunity has emerged for cryptocurrency enthusiasts in the form of a Polymarket.

The market allows users to place bets on whether the price of Bitcoin will increase or decrease over a specified time period, using data from Chainlink's BTC/USD stream.

According to the market rules, a resolution to 'Up' is triggered if the closing price of Bitcoin within the designated time frame is equal to or greater than the opening price. Conversely, a resolution to 'Down' occurs when the closing price falls below the opening price.