This market was automatically settled Aug 17, 2026, 7:47 AM UTC
Will BTC spot price be above $63,500 at 8:00 PM ET on August 16, 2026?
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<think> Okay, let's take a look at this market question. The user wants to know if the BTC spot price on Coinbase will be above $63,500 at 8:00 PM ET on August 16, 2026. The market closed just after that time, but the actual resolution needs to check the exact moment. First, I need to convert the time zones. 8:00 PM ET is UTC midnight on August 17, 2026. So the observation time is 00:00 UTC on the 17th. Both resolvers converted the time correctly. Resolver 1 looked at the candle that opens at 00:00 UTC and took the open price as $62,836.67, which is below $63,500. Therefore, they concluded No. Resolver 2 did more detailed research, checking the Coinbase documentation about how their candles work. They found the same candle, confirming the open price, and also noted the high, low, and close. The open is the key here because the resolution criteria specify the price at the exact observation time, which is the start of the candle. The close is a minute later, so it's not relevant. Both resolvers agree on the price. The open is under $63,500. The resolution criteria for "No" is if it's at or below, so that's a clear No. There's no conflicting information. The market should resolve to "No" based on the open price of the first minute's candle on Coinbase. No need for additional sources since Coinbase is the specified platform. Both resolvers provided credible, detailed evidence, so the answer is 1. </think> ANSWER: No
Resolution criteria: - "Yes": Wins if the BTC-USD spot price on Coinbase at the observation time (8:00 PM ET on August 16, 2026, i.e. 00:00 UTC on August 17, 2026) is strictly above $63,500.00. - "No": Wins if the BTC-USD spot price on Coinbase at the observation time is at or below $63,500.00.
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