Will Bitcoin be at or above $79,250 on Aug 31?
Signal ended
Entry · NO77¢
PublishedAug 31
Aug 31 forecast
Bitcoin remains below $79,250 with little time left to settle, so a finish at or above the threshold is unlikely but still live.
On the supplied settlement basis, Bitcoin is at $79,002.06, only 0.31% short of the strike with little time remaining. Major spot venues were also below the threshold, while recent momentum and selling pressure near $80,000 lean downward. The intraday high of $79,316.05 keeps a qualifying finish live, but settlement below $79,250 is the more likely outcome.
Points to NO
- Bitcoin remains below the strike on the supplied settlement basis with little time left.On August 31, Bitcoin's settlement-basis price was $79,002.06, 0.31% below $79,250 with 2.4 hours remaining.
- Major spot exchanges were uniformly below $79,250 in the latest supplied observations.At 10:40–10:42 UTC on August 31, last trades on Coinbase, Kraken, Bitstamp and Gemini ranged from $78,367.49 to $78,490.30.
- Recent price action shows a strong downward move heading into settlement day.Bitcoin fell 2.1% to $78,592 over the 24 hours ending around August 30.
Points to YES
- Bitcoin has already demonstrated enough intraday range to cross the threshold.On August 31, Bitcoin traded as high as $79,316.05, crossing $79,250 during the day.
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