Crypto OPEN

BTC Up or Down - 15 minutes

📊 $7K traded 🏦 Source: Kalshi
Total Volume
$7K
Open Interest
4,247
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: $69,488.34 47%
45¢ 47¢ $7K Trade →

About This Market

This market asks whether Bitcoin’s price will be up or down over a specific 15‑minute interval; it matters because very short timeframes concentrate market microstructure and news impacts that traders can act on quickly.

Short-interval "up or down" contracts isolate immediate directional moves rather than longer-term trends, so they are often used by traders seeking quick exposure or hedges against brief volatility. Historical context: such contracts can resolve differently than hourly or daily markets because large single trades, order-book imbalances, or time-sensitive announcements dominate outcomes over 15 minutes.

Odds reflect the market’s aggregated view of the likelihood of each outcome and incorporate recent trades, order flow, and available information; treat them as a real‑time consensus signal, not a guarantee, and pay attention to liquidity and trade size when reading them.

Key Factors

Frequently Asked Questions

What exactly defines the outcome for this 'BTC Up or Down - 15 minutes' market?

The outcome is determined by whether Bitcoin’s settlement price at the contract’s defined end timestamp is higher or lower than the reference price at the defined start timestamp; consult the contract rules on the event page to see the precise reference price source and timestamp definitions.

When does the 15‑minute measurement period start and when will this market close?

Start and close times are set by the market’s contract and will be shown on the event page; the market closes at the specified start time (or when trading is suspended) and resolves based on the price 15 minutes after that start timestamp as defined in the rules.

How should I account for short‑term liquidity and order‑book effects when evaluating this specific event?

Because the window is only 15 minutes, a few large orders or rapid algorithmic activity can swing the outcome; check recent traded volumes, visible depth on major BTC venues, and whether liquidity providers are active at the expected snapshot times.

Which price feeds or exchanges determine settlement for this market, and where can I find that information?

The contract rules on the event page specify the exact exchange(s) or aggregated index used for settlement; always verify those settlement sources since differences between feeds can change the resolved outcome for a short interval.

How have similar 15‑minute BTC up/down markets behaved in the past?

Historically, short‑window BTC contracts show higher outcome variability and sensitivity to single events compared with longer windows: they often flip rapidly in response to order‑flow imbalances, on‑chain large transfers, or short‑notices news, so expect more noise and less persistence than daily markets.

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