Crypto OPEN

BTC Up or Down - 15 minutes

📊 $5K traded 🏦 Source: Kalshi
Total Volume
$5K
Open Interest
3,521
Active Markets
1
Markets
1

Trade This Market

Yes Bid
Yes Ask
Last Price
Prev Close
Buy YES → Buy NO

Prices in cents (1¢ = 1%). Trade on Kalshi.

All Outcomes (1)
Outcome Probability Yes Bid Yes Ask 24h Change Volume
Price to beat: $69,380.41 63%
62¢ 63¢ $5K Trade →

About This Market

This market asks whether Bitcoin (BTC) will be higher or lower over a specific 15‑minute interval, letting traders express very short‑term directional views. Short‑horizon markets matter because they concentrate market microstructure, immediate news reaction, and liquidity effects into a narrow window.

Bitcoin exhibits pronounced intraday volatility, so 15‑minute outcomes often reflect order‑flow and micro‑events rather than long‑run fundamentals. This event is hosted on KALSHI and currently shows $4,800 total volume traded and a closing time listed as TBD, so settlement timing and liquidity should be checked on the platform before trading. Short windows like this have historically been influenced by single large trades, exchange feed anomalies, and scheduled announcements that fall inside the interval.

Market odds are the market‑implied consensus at a point in time and update as participants trade; for a 15‑minute market they primarily reflect immediate order flow, liquidity, and short‑term sentiment rather than long‑term analysis.

Key Factors

Frequently Asked Questions

When exactly does the 15‑minute measurement period start and end for this event?

The 15‑minute window is defined by the contract's start and end timestamps shown on the event page; since this market's close is listed as TBD, the exact start time will be posted by KALSHI on the event page and governs the measurement interval.

Which price feed or exchange determines whether BTC is classified as 'Up' or 'Down' for settlement?

Settlement uses the data source and methodology specified in KALSHI's contract terms for this market; consult the event's settlement rules on KALSHI to see the exact exchange or index and the tick/aggregation method used.

What happens if there is an exchange outage or data‑feed disruption during the 15‑minute window?

In the event of an outage or data disruption, KALSHI's published contingency and dispute procedures apply; those rules typically specify alternate data sources, delayed settlement, or dispute resolution steps—check the market rules for specifics before trading.

Can a single large trade during the 15‑minute window flip the outcome, and how should I think about that risk?

Yes — in a 15‑minute market a single large trade can materially move the reference price and change the outcome; traders should account for price‑impact risk and current order‑book depth when evaluating such short‑horizon events.

The page shows Total Volume Traded $4,800 and Number of outcomes: 1 — how should I interpret liquidity and the outcome format?

Total volume gives a snapshot of current market interest and liquidity; lower volume implies wider spreads and higher impact costs. If the UI indicates a single outcome, review the contract description on KALSHI to confirm whether the market uses a single contract representation or a paired up/down structure and inspect the order book before placing trades.

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