No description necessary
Resolution criteria
This market will resolve to "Yes" if the price of Bitcoin (BTC) is below $100,000 at any point before June 25, 2025. The price will be determined based on the daily closing price as reported by a reputable financial source such as CoinMarketCap or CoinGecko. If the BTC price remains at or above $100,000 throughout the period leading up to June 25, 2025, the market will resolve to "No."
Background
As of June 16, 2025, Bitcoin is trading at approximately $105,524. The cryptocurrency market is known for its volatility, with prices influenced by factors such as regulatory developments, technological advancements, macroeconomic trends, and market sentiment. Notably, in March 2025, President Donald Trump signed an executive order establishing a strategic bitcoin reserve, aiming to position the United States as a leader in the digital asset space. (en.wikipedia.org)
Considerations
Traders should be aware of the inherent volatility in the cryptocurrency market. While Bitcoin is currently trading above $100,000, historical data indicates that significant price fluctuations can occur over short periods. Monitoring market trends, regulatory news, and macroeconomic indicators will be crucial in assessing the likelihood of Bitcoin's price dipping below the $100,000 threshold before June 25, 2025.