Bitcoin Price Prediction Market Launched on Polymarket
A prediction market for Bitcoin price movements has been launched on Polymarket. This market allows users to bet on whether the cryptocurrency's price will be higher or lower within a specific time frame.
The market's resolution is based on data from Chainlink, specifically the BTC/USD data stream. This means that the market will resolve in favor of 'Up' if the end-of-range price is greater than or equal to the beginning price, and 'Down' otherwise.
It's worth noting that live data may be delayed by a few seconds, and can be influenced by price activity on other exchanges and broader market conditions.
