Bitcoin Up or Down - March 23, 10AM ET

Market strongly favors Bitcoin price staying down by March 23.

The prediction market shows a high probability of Bitcoin remaining down, with a 99.95% chance compared to only 0.05% for it going up. The Pulse AI corroborates this with a 99% probability for a down trend, indicating a strong consensus among participants. The edge of 0.95 suggests that the market is fairly priced based on current information.

• 1 Current market sentiment is overwhelmingly bearish on Bitcoin.
• 2 Key factors include recent market trends and investor behavior.
• 3 Historical data shows a low base rate for upward price movements in similar contexts.
• 4 Liquidity in the market appears stable, supporting current pricing.
• 5 Time pressure is unclear, which may affect future volatility.

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.