Resolution criteria
This market resolves to "Yes" if Bitcoin's price reaches a new all-time high (ATH) before July 31, 2025. The ATH is defined as the highest price Bitcoin has ever achieved. As of May 22, 2025, the ATH is $111,970.17. Verification will be based on data from reputable sources such as CoinMarketCap and Coinbase.
Background
Bitcoin's price has experienced significant volatility and growth over the years. Notable milestones include reaching $19,498.63 in December 2017, $69,324.58 in March 2024, and the current ATH of $111,970.17 in May 2025. (99bitcoins.com) Factors influencing these price movements include regulatory developments, institutional adoption, and macroeconomic conditions.
Considerations
Traders should monitor upcoming events that could impact Bitcoin's price, such as regulatory changes, technological advancements, and macroeconomic trends. Additionally, the inherent volatility of the cryptocurrency market means that prices can fluctuate rapidly, affecting the likelihood of reaching a new ATH within the specified timeframe.