Background

Bitcoin's price has been historically volatile and influenced by various factors including market sentiment, institutional adoption, and macroeconomic conditions. The upcoming Bitcoin halving event in April 2024 is expected to impact prices significantly. Multiple price predictions from various analysts and platforms suggest Bitcoin could reach $100,000 in late 2024, with some forecasts specifically targeting December 2024.

Resolution Criteria

This market will resolve based on the first day in December 2024 when Bitcoin's price exceeds $100,000 USD on any major cryptocurrency exchange (such as Binance, Coinbase, or Kraken). The timestamp used will be in UTC timezone.

If Bitcoin's price does not exceed $100,000 at any point during December 2024, the "Will not reach $100k in December" option will resolve as YES, and all other options will resolve as NO.

If Bitcoin reaches $100,000 on a specific day in December, that date option will resolve as YES, and all other options will resolve as NO.

Considerations

• Price data will be sourced from reputable cryptocurrency data aggregators like CoinGecko or CoinMarketCap

• Brief price spikes or flash crashes on individual exchanges will not be considered; the price must be sustained for at least 1 minute across major exchanges

• If Bitcoin reaches $100,000 on a date in December not listed in the options, traders can add that specific date as a new option

• Current predictions from various analysts suggest Bitcoin could potentially reach $100,000 between December 12-24, 2024, though these are speculative forecasts