Bitcoin UP or DOWN on 24 March?

This daily market lets participants predict whether Bitcoin will end the UTC day above or below a fixed reference price set when the market is created.

The reference price for this market is $70,900.00.

The market is designed for short-term trading and resolves on the same UTC day. After the market closes, Outcora fetches the first valid BTC/USD price available after the scheduled close time and compares it with the fixed reference price.

If the closing snapshot is higher than the reference price, the market resolves to UP. Otherwise, it resolves to DOWN.

This market resolves to "UP" if the closing Bitcoin (BTC/USD) price used by Outcora for the daily closing snapshot is strictly higher than the fixed reference price for the same UTC day. Otherwise, this market resolves to "DOWN".

Conditions for resolving as "UP"

The market resolves as "UP" if:

• the BTC/USD closing snapshot used by Outcora is strictly greater than the fixed reference price for that market day, and
• both prices correspond to the same UTC market day.

Conditions for resolving as "DOWN"

The market resolves as "DOWN" if:

• the BTC/USD closing snapshot is equal to or lower than the fixed reference price, or
• the market does not satisfy the conditions for resolving as "UP".

1. Reference price definition

The reference price means:

• the BTC/USD price level set by Outcora when the market is created, based on the opening market price for that UTC day, or the latest available price if the opening price is unavailable,
• rounded up to the nearest whole $10 increment.

The reference price for this market is $70,900.00.

This value is fixed at creation and does not change afterwards.

2. Closing snapshot definition

The closing snapshot means:

• the first valid BTC/USD price fetched by Outcora after the scheduled market close time for that UTC day.

This closing snapshot is the final price used for resolution.

3. Price comparison

Resolution is determined as follows:

• if closing snapshot > reference price → UP
• if closing snapshot ≤ reference price → DOWN

A closing price exactly equal to the reference price resolves as "DOWN".

4. Source

The market outcome is determined using:

• BTC/USD price data fetched by Outcora from CoinGecko.

If CoinGecko is temporarily unavailable or its structure changes, archived or officially mirrored data used by the platform may be relied upon to determine the same closing snapshot.

5. Time standard

All timestamps for this market are interpreted in:

• UTC

Local device time or user timezone does not affect the outcome.

6. Market close and resolution

The market closes at the scheduled daily close time shown in the market interface.

The market will be resolved as soon as the required closing snapshot becomes available and is verified by the platform.