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Events
GroupPOLYMARKET

Bitcoin Up or Down - October 28, 8:40PM-8:45PM ET

Bitcoin Up or Down - October 28, 8:40PM-8:45PM ET
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AI Analysis

Trader mode: Market mechanics, assumptions and risks

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Source snapshot: Oct 28, 2026, 9:00 PM UTC

About This Event

This market will resolve to "Up" if the time-weighted average price (TWAP) of Bitcoin, generated by Chainlink, of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the BTC/USD TWAP data stream available at https://data.chain.link/streams/btc-usd-twap-60s-streams. Please note that this market is about the price according to the TWAP Chainlink data stream for the asset pair BTC/USD, not according to any other sources or spot markets.

Snapshot observed 2026-10-28T03:00:06.402Z. This analysis describes that snapshot and is not a live news update.

What the contract measures

This contract covers a single five-minute window in the title, "Bitcoin Up or Down - October 28, 8:40PM-8:45PM ET." It resolves to "Up" if the time-weighted average price of Bitcoin, generated by Chainlink, over that range is "greater than or equal to the price at the beginning of that range." Otherwise it resolves to "Down" [1].

The rules name a specific data source. The market is about "the price according to the TWAP Chainlink data stream for the asset pair BTC/USD, not according to any other sources or spot markets" [1]. A reader comparing this contract with a Bitcoin price on another exchange or index should expect that the resolution rule may produce a different result, since the rules refer only to the named stream.

The listed end time is 2026-10-29T00:45:00.000Z [1]. That is a provider-listed close time, not a resolution. The evidence does not include an outcome, so this summary cannot say which side won.

Reading the snapshot

The saved record was observed at 2026-10-28T03:00:06.402Z and retrieved at 2026-10-28T05:28:14.529Z. Those are the times to use when reading the prices. The prices are not current as of today's date, and they are not executable quotes.

The saved prices are Up at 0.505 and Down at 0.495 [1]. The gap between them is small, and the two prices sum to 1.000 in this snapshot. Read them as the snapshot's quoted levels for the two outcomes, not as verified probabilities or as evidence of trader sentiment. The record does not show volume or depth, so it says nothing about how easily a position could be entered or exited.

The sample covers one market from one provider event. The coverage record reports one total market, one included market, and no partial sample [1]. This establishes that the saved event contains only this contract. It does not establish that the provider lists every possible outcome for Bitcoin prices.

What remains uncertain

The evidence does not include the Bitcoin price at the start of the window, the TWAP over the window, or the final resolution. It also does not explain why the quoted prices are where they are. Because this is a single contract, no comparison with other platforms or other contracts is possible from this record. Any difference in wording or close time between contracts should be checked against each contract's own rules before the prices are compared.

References

  1. Polymarket: Bitcoin Up or Down - October 28, 8:40PM-8:45PM ET. Provider data observed 2026-10-28T03:00:06.402Z.

AI-generated analysis based on market data. Not financial advice.

Saved Oct 28, 2026 UTC

Overview

This contract is a short-window price market on Bitcoin, listed on Polymarket under the title "Bitcoin Up or Down - October 28, 8:40PM-8:45PM ET" [1]. It asks whether Bitcoin's price moves up or down over a five-minute window. The market resolves to "Up" if the time-weighted average price (TWAP) of Bitcoin over the window named in the title is greater than or equal to the price at the start of that window. Otherwise it resolves to "Down" [1]. The price used for resolution is not taken from exchanges or spot markets in general. The rules specify the BTC/USD TWAP data stream published by Chainlink, with a 60-second TWAP stream as the named source [1]. The rules state that the market concerns only the price according to that Chainlink stream, not any other source or spot market [1]. Because the outcome depends on one named data feed, the precise definition of the feed matters more than general market prices for Bitcoin. The listed end time for this contract is 2026-10-29T00:45:00.000Z [1]. The market's status in the saved record is active [1]. The saved outcome prices were Up at 0.505 and Down at 0.495 [1]. These figures are snapshots taken when the record was observed, not executable quotes or verified probabilities. They also do not show the current state of the market, and the record contains no resolved outcome. The saved record has an observation time of 2026-10-28T03:00:06.402Z and a retrieval time of 2026-10-28T05:28:14.556Z [1]. The contract closes at its listed end time, and the actual resolution is determined by the Chainlink TWAP data over the window. Those times differ, so a price seen in this record should be read as a snapshot from its observation time.

Why It Matters

The contract measures whether the TWAP of BTC/USD, as reported by the named Chainlink data stream, over the window in the title is at or above the price at the start of that window [1]. Because it uses a time-weighted average rather than a single trade, the outcome reflects the average over the period rather than only the final price. The rules also limit resolution to the named Chainlink stream and exclude other sources or spot markets [1]. Anyone reading the contract's prices should keep that scope in mind, since the saved record shows a price snapshot and does not establish how the market will settle.

Snapshot context

The latest published provider snapshot for this topic was observed on 2026-10-28 at 03:00 UTC. It contains listings from Polymarket. Market descriptions and listed closing times define the contracts; they do not establish that the real-world outcome has occurred. This article does not include a separately verified news update. [1]

Frequently Asked Questions

What does the "Up" outcome require?

The market resolves to "Up" if the TWAP of Bitcoin over the time range in the title is greater than or equal to the price at the beginning of that range [1].

What does the "Down" outcome require?

The market resolves to "Down" if the condition for "Up" is not met, meaning the TWAP over the window is below the price at the beginning of that range [1].

Which price source determines the outcome?

The resolution source is information from Chainlink, specifically the BTC/USD TWAP data stream with a 60-second TWAP, and the rules state the market is not based on other sources or spot markets [1].

When does this contract end?

The listed end time is 2026-10-29T00:45:00.000Z, which corresponds to the window ending at 8:45PM ET on October 28 in the title [1].

Do the saved prices show the probability of each outcome?

The saved prices were Up at 0.505 and Down at 0.495 at the observation time [1]. These are snapshots from the record, not executable quotes or verified probabilities, so they should not be read as confirmed chances of either result.

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Saved Oct 28, 2026 UTC

AI-written background. References identify the evidence used; Wikipedia links under Learn More are additional reading. Prices and provider rules are dated snapshots. This is not financial advice.

Prices are catalog snapshots and may have changed. Check each market's rules and observation time.

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