Bitcoin 8 PM UTC Hourly Candle: Green or Red?
Rules
Will the 8 PM UTC hourly candle on May 15, 2025, close higher than it opened (green) or lower (red)?
Market dates
- Market Closing: The market closes just before the candle starts forming, on May 15, 2025, at 8 PM UTC
- Market Period: The market focuses on the hourly 8 PM UTC candle on May 15, 2025
- Resolution Time: The outcome will be determined on May 15, 2025, at 9 PM UTC, after the candle is completed
Red/Green Criteria
- The market resolves to "Green" if the closing price is equal to or higher than the opening price (green candle)
- The market resolves to "Red" if the closing price is lower than the opening price (red candle)
Resolution
The outcome will be determined using the Binance BTC/USDT spot chart, specifically looking at:
- 1 hour timeframe ("1H")
- "Original" view
- The 8:00 PM UTC candle on May 15, 2025
Cancellation Conditions
This market will be canceled if:
- The Binance platform is unavailable during the resolution time
- The BTC/USDT spot market is suspended or unavailable
- Any technical issues prevent reliable access to the price data
- Any circumstance makes it impossible to determine the outcome based on the specified criteria
In the event of cancellation, participants may claim their stakes at the market value of their open positions at the time of cancellation. This could result in a profit or a loss, depending on the price of their outstanding shares.
