Bitcoin Up or Down - March 16, 11PM ET

The market strongly favors Bitcoin going down by March 16, 11PM ET.

Current market probabilities indicate a 99.95% likelihood of Bitcoin being down, with only a 0.05% chance of it being up. The Pulse AI also supports this view, showing a 99% probability for a down outcome, suggesting that the market is fairly priced with a slight edge of 0.95.

• 1 Current sentiment is overwhelmingly bearish on Bitcoin.
• 2 Market probabilities indicate a strong consensus against price increases.
• 3 Historical data shows similar patterns leading to bearish outcomes.
• 4 Liquidity appears stable, supporting the current market pricing.
• 5 Time pressure is unclear, but the current expiry is imminent.

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.