TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 31, 5:00 PM EST
Polymarket
This market will resolve to "Up" if the close price is greater than or equal to the open price for the BTC/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the BTC/USDT pair (https://www.binance.com/en/trade/BTC_USDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance BTC/USDT, not according to other exchanges or trading pairs.
Prediction market odds on Polymarket reflect traders' collective expectations about Bitcoin's direction by May 31, 4PM ET, which may differ from current spot price momentum or technical analysis. While spot prices react to immediate news and volatility, prediction markets incorporate longer-term sentiment and risk appetite. Comparing Polymarket odds to analyst forecasts and on-chain signals can reveal whether the market is pricing in macro headwinds, regulatory developments, or macroeconomic shifts that spot traders may not yet fully reflect. This gap often signals trading opportunities.
On Polymarket, Bitcoin Up or Down - May 31, 4PM ET is priced as a binary contract where traders buy and sell shares representing each outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the market's probability estimate, ranging from near zero to near one dollar. Traders profit by buying low and selling high, or by holding until resolution. Polymarket uses an automated market maker model, so prices adjust continuously as new trades flow in. Volume and liquidity depth on this market determine how easily traders can enter or exit positions without significant slippage.
The Bitcoin Up or Down - May 31, 4PM ET market resolves on May 31, 2026. At that time, the outcome is determined by Bitcoin's price direction relative to the specified reference point. Traders who backed the correct outcome receive their payout, while those on the losing side forfeit their stake. The resolution is final once confirmed, and all positions settle accordingly. This binary structure makes the event straightforward: there is no partial payout or ambiguity—only a clear winner and loser based on the price snapshot at the designated time.
Bitcoin's direction by May 31, 4PM ET could be influenced by major macroeconomic announcements, Federal Reserve policy shifts, regulatory news, and institutional adoption developments. Geopolitical tensions, inflation data, and tech sector earnings can also sway sentiment. On-chain metrics like whale accumulation or exchange inflows may signal insider conviction. Market-wide events such as spot or futures liquidations can trigger sharp moves. Monitoring these catalysts alongside Polymarket order flow and implied volatility helps traders anticipate directional shifts before resolution.