Will the price of Bitcoin be above $84,000 on May 9?
Probability Over Time
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This prediction market forecasts whether Bitcoin's price will exceed $84,000 on May 9, 2024, specifically at 12:00 PM ET according to Binance BTC/USDT close price.
The current YES probability of 0.1% indicates an extremely low market expectation that Bitcoin will reach $84,000 by the specified date and time.
A significant surge in institutional adoption or a major positive macroeconomic announcement could potentially drive Bitcoin's price higher, increasing the YES probability.
Heightened regulatory scrutiny or a broad market downturn, perhaps triggered by adverse inflation data, could significantly depress Bitcoin's price, further reducing the YES probability.
The market will resolve based on the Binance BTC/USDT 1-minute candle's "Close" price at 12:00 PM ET on May 9, 2024.
Hunch readers, don't let that 0.1% YES probability fool you into complacency. While the odds are stacked against it, the market is completely missing the potential for a short squeeze fueled by massive liquidation cascades if Bitcoin even *starts* to approach $75k. This isn't about fundamentals; it's about market mechanics and the sheer volatility that can erupt when everyone is betting on the same outcome.
AI-generated analysis for informational purposes only. Not financial advice.
Articles
5Brave New Coin
Bitcoin (BTC) Price Prediction: BTC Holds Above $80K as $40B Market Surge Strengthens $88K Target
6h ago
CoinDesk
Coinbase (COIN) bounces 10%, Solana, LINK, SUI outperform as bitcoin (BTC) holds $80K
1d ago
Barron's
Bitcoin Breaks Back Above $80,000. Why the Crypto Winter Is Not Over.
4d ago
24/7 Wall St.
Bitcoin Price Prediction: Arthur Hayes Predicts Bitcoin at $125K by December
1d ago
Crypto Briefing
Bitcoin holds above $80,000 amid SEC support and geopolitical tensions
1d ago
Quotes
1“I predict Bitcoin will reach $125,000 by December.”
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Market Details
This market will resolve to "Yes" if the Binance 1 minute candle for BTC/USDT 12:00 in the ET timezone (noon) on the date specified in the title has a final "Close" price higher than the price specified in the title. Otherwise, this market will resolve to "No". 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. Price precision is determined by the number of decimal places in the source.
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Market Intelligence
Category
Crypto
Market Sentiment
Strongly bearish
Liquidity Depth
Deep
Sources
Polymarket
Live prediction market data
Kalshi
Regulated prediction exchange
DraftKings
Sports & event betting
Google News
Related news coverage
X / Twitter
Public sentiment & chatter
Sources are provided for research purposes. Hunch aggregates data from public prediction markets.
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