Resolution criteria

This market resolves to "Yes" if the price of Bitcoin (BTC) reaches or exceeds $138,000 at any point before August 1, 2025, 00:00 UTC. The highest price recorded on reputable cryptocurrency exchanges such as Coinbase or Binance will be used for verification. If Bitcoin does not reach this price by the specified date, the market resolves to "No."

Background

As of July 14, 2025, Bitcoin is trading at approximately $121,156. Recent months have seen significant price movements, with Bitcoin reaching an all-time high of $111,970 on May 22, 2025. (en.wikipedia.org) The approval of Bitcoin ETFs in January 2024 and the establishment of a U.S. Strategic Bitcoin Reserve in March 2025 have contributed to increased institutional interest and market optimism. (en.wikipedia.org, en.wikipedia.org)

Considerations

Bitcoin's price is influenced by various factors, including regulatory developments, macroeconomic conditions, and market sentiment. While some analysts predict continued growth, others caution about potential volatility. Traders should consider these dynamics when making predictions.