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Daily market read
This market is no longer in the daily monitored set.
This is the most recent Convexly read for it, as of 2026-08-06 (UTC). The read has not been refreshed since then, so later market activity is not reflected here.
Certainty reflects how much of this market we measured, not how good the market is.
Too much of the trading came from wallets we cannot yet identify, so participant-flow coverage is uncertain.
Monitor, but do not cite as current. The evidence is useful as an archived read until the data freshness window refreshes.
Freshness gate: Market Trust snapshot is stale for current product claims. Treat this as archived evidence and wait for a refresh before demos or outreach.
The diligence packet carries the memo language, audit chain, and the Markdown, PDF, and JSON exports for this market.
Open the diligence packetWhy this rating
Composite 65 · Do not cite
Measurement certainty
Low
1 measured · 3 modeled · 2 not assessed
Certainty reflects how much of this market we measured, not how good the market is.
No full-provenance CME signal is linked to this condition in the current ledger window; absence of a signal is not proof of coherence.
Resolution rules
Rules as stated by Polymarket, reproduced verbatim. Convexly has not independently reviewed them and does not endorse them; the rating's resolution-reliability pillar treats rule text as present but not independently reviewed.
This market will resolve to "Up" if the "Close" price for the Binance 1 minute candle for BTC/USDT Aug 5 '26 12:00 in the ET timezone (noon) is lower than the final "Close" price for the Aug 6 '26 12:00 ET candle. This market will resolve to "Down" if the "Close" price for the Binance 1 minute candle for BTC/USDT Aug 5 '26 12:00 in the ET timezone (noon) is higher than the final "Close" price for the Aug 6 '26 12:00 ET candle. If the final "Close" price for both of these candles is exactly equal on Binance, this market will resolve 50-50. The resolution source for this market is Binance, specifically the BTC/USDT "Close" prices currently available at https://www.binance.com/en/trade/BTC_USDT with "1m" and "Candles" selected on the top bar. Please note that this market is about the price according to Binance BTC/USDT, not according to other exchanges or trading pairs.
Experimental rating caveat
Market Trust Cards are experimental market-quality diagnostics, not compliance certifications or validated credit ratings.
What travels with this read
Market Trust is a canary preview: verdict cutpoints are operator-set, and each read is a dated, descriptive diagnostic of market quality, not a prediction of the outcome and not a claim about what the probability should be. A prospective calibration test is filed and matures on resolved outcomes.
Sign in to see recent trades our collectors observed here: side, size, price, and time for every recorded fill.
Create a free accountQuote it verbatim. The number and its bound travel together; the method is frozen and the per-wallet table is public.
Convexly rates this polymarket market "Bitcoin Up or Down on August 6?" as Do not cite, as of 2026-08-06 (UTC).
Per Convexly Market Trust, the polymarket market "Bitcoin Up or Down on August 6?" is rated Do not cite as of 2026-08-06T16:02:56.755Z (UTC). The rating describes whether the quoted market price was a clean enough data object to cite at that timestamp. This citation is market diligence, not investment advice, not a trading instruction, not a forecast, and not proof that the market probability is correct. Daily read: https://www.convexly.app/markets/bitcoin-up-or-down-on-august-6-2026
Canonical URL: https://www.convexly.app/markets/bitcoin-up-or-down-on-august-6-2026
Boundary of this page
This daily read is market diligence, not investment advice, not a claim of absolute truth, and not proof that any trader should buy or sell. It answers whether this market price had enough substrate to cite, monitor, discount, or ignore at the as-of timestamp, with receipts attached in the diligence packet.
Executability scored as worse-of(spread, depth) from a single orderbook snapshot; the two were merged from the former liquidity + depth pillars to stop double-counting one correlated source.
Resolution source and rule text are present but not independently reviewed.
Participant flow inputs exist but do not meet identity-coverage floors; descriptive only.
Mild concentration or coordination signals; review before citing.
3 linked artifacts; 0 missing hashes; 0 stale/failing sources.
How it adds up: composite = Σ(score × weight) / Σ(weight) across measured + heuristic pillars only. Pending and data-rights-blocked pillars are excluded from both numerator and denominator. Total contributing weight = 60.0.
Caveat: 2 pillars not assessed yet; the score will recompute as the substrate fills in.
Convexly is independent and is not affiliated with or endorsed by Polymarket or Manifold. Wallet and market data are derived from publicly available venue sources.
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