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Home/Crypto/Bitcoin Up or Down on August 23?
PolymarketCryptoUpdated 12m ago

Bitcoin Up or Down on August 23?

Market probability
60.5%
+15 percentage points
over 24 hours45.5% → 60.5%
Less than a day until the event deadline
Deadline: August 23, 2026 at 12:00 PM ET

A repricing with partial backing — read the new probability with some caution.

The pricing has partial support: healthy trading volume and market depth, a tight spread. The probability moved another 5 points in the past hour — the market is still repricing.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Moderate

The pricing has partial support: healthy trading volume and market depth, a tight spread.

Consensus stability

Has the market settled at the new probability?

Unsettled

The probability moved another 5 points in the past hour — the market is still repricing.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$17.4K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market will resolve to "Up" if the "Close" price for the Binance 1 minute candle for BTC/USDT Aug 22 '26 12:00 in the ET timezone (noon) is lower than the final "Close" price for the Aug 23 '26 12:00 ET candle. This market will resolve to "Down" if the "Close" price for the Binance 1 minute candle for BTC/USDT Aug 22 '26 12:00 in the ET timezone (noon) is higher than the final "Close" price for the Aug 23 '26 12…

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve to "Up" if the "Close" price for the Binance 1 minute candle for BTC/USDT Aug 22 '26 12:00 in the ET timezone (noon) is lower than the final "Close" price for the Aug 23 '26 12:00 ET candle. This market will resolve to "Down" if the "Close" price for the Binance 1 minute candle for BTC/USDT Aug 22 '26 12:00 in the ET timezone (noon) is higher than the final "Close" price for the Aug 23 '26 12:00 ET candle. If the final "Close" price for both of these candles is exactly equal on Binance, this market will resolve 50-50. The resolution source for this market is Binance, specifically the BTC/USDT "Close" prices currently available at https://www.binance.com/en/trade/BTC_USDT with "1m" and "Candles" selected on the top bar. Please note that this market is about the price according to Binance BTC/USDT, not according to other exchanges or trading pairs.

Resolution source: binance.com

Why the odds moved

The probability rose 15.0 percentage points over the last 24 hours (45.5% → 60.5%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The market's deadline arrivesAugust 23, 2026 at 12:00 PM ET

    The contract must resolve based on what has happened by this date.

  • Confirmation at the resolution source (binance.com)

    The rules name this source as the basis for settlement.

Derived from the contract's own mechanics as of Aug 22, 9:00 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: medium · expected error ±24 pts.

Reacting to newsLegacy movement classifier: noisy

What's happening

high classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

Market data

Change (pts)1H+5.06H+15.024H+15.07D+15.0
Score breakdown — Movement, Liquidity & Trust

ProbCast Trust Score

27/ 100 · Low

Weakly supported. Treat this number skeptically. Main caveat: expiring soon.

ProbCast measures how reliable this market probability appears — not what to trade.

Movement99

Magnitude of recent probability change

Liquidity78

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ProbCast — Odds Reliability

Know whether prediction-market odds can be trusted. ProbCast analyzes liquidity, market activity, spreads, and price movement to help distinguish meaningful repricing from thin-market noise.

Questions? Chat with us on Telegram
TodayTop MoversEventsAll MarketsWhat ChangedVenue DivergencePolymarket vs KalshiMethodologyCoverageMeta's ArenaWatchlistTerms of UsePrivacyCrypto
  • Probability moved 15.0 pts in ≤6h on adequate liquidity

Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
20Low
Where the price path tends to go nextmodel estimate
  • Trend continuation34%
  • News repricing25%
  • Choppy / mean-reverting19%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityMedium· half-life <1h
PredictabilityStable

Secondary read: leaning toward Trending.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

24h volume

$80.9K

Liquidity

$39.3K

Total volume

$80.9K

Category
Crypto
Venue
Polymarket
Open interest
—
Spread
1.0 pts
Best bid
60.0%
Best ask
61.0%
7-day range
45.5% – 60.5%
Resolves
Aug 23, 2026
Resolution
binance.com

Depth of the order book and volume

Trust breakdown

27/100 · Low

Weakly supported. Treat this number skeptically. Main caveat: expiring soon.

  • Liquidity anchor+55
  • Price steadiness+0
  • Expiring soon-10
  • Limited history-8
  • Big move, weak support-10
Trust score27 / 100
How these scores work →
View on Polymarket

ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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