Bitcoin Price Range on August 5: Binance BTC/USDT Highs and Lows

What is happening now

The Polymarket event “What price will Bitcoin hit on August 5?” has concluded. The resolution source is Binance BTC/USDT 1-minute candle data for August 5, 2026 (12:00 AM–11:59 PM ET). Two sub-markets resolved to Yes: “Will Bitcoin reach $65,000” and “Will Bitcoin dip to $64,000.” This implies BTC traded within a $64,000–$65,000 range on the day, touching both thresholds. All other 14 sub-markets resolved to No, including the primary market asking whether BTC would dip to $57,000, which did not occur.

The event’s primary market (ID 3352103) asked “Will Bitcoin dip to $57,000 on August 5?” and closed at 99.95% No. The event’s total volume was ~$312K, with $312K in the final 24 hours, and liquidity of ~$197K across all sub-markets.

How the market is structured

This is a price threshold ladder — not a single binary or range market. It contains 16 individual sub-markets, each a binary Yes/No question tied to a specific price level on Binance BTC/USDT:

• Upside thresholds (↑): Will BTC reach $72K, $71K, $70K, $69K, $68K, $67K, $66K, or $65K? (8 markets)
• Downside thresholds (↓): Will BTC dip to $64K, $63K, $62K, $61K, $60K, $59K, $58K, or $57K? (8 markets)

Each sub-market resolves based on whether any 1-minute candle’s High (for upside) or Low (for downside) meets or exceeds the threshold on August 5. The resolved outcomes are: ↑$65K = Yes, ↓$64K = Yes. All other sub-markets = No. The implied intraday range is therefore $64,000–$65,000.

Path to the leading outcome

The two Yes outcomes — reaching $65,000 and dipping to $64,000 — indicate BTC opened, traded, and closed within a tight $1,000 band. For the upside markets above $65K (e.g., $66K–$72K) to have resolved Yes, BTC would have needed a 1-minute candle High at or above those levels, which did not happen. For the downside markets below $64K (e.g., $63K–$57K), BTC would have needed a 1-minute candle Low at or below those levels, which also did not happen. The market structure effectively captured a day of range-bound trading with modest volatility.

What could change the pricing

Since the event has already resolved, pricing is fixed. However, for context on how such ladder markets move: the key drivers would be intraday breakouts above $65K or breakdowns below $64K. In this case, the $64K–$65K band held. The two resolved Yes markets had the highest volume among the sub-markets ($62K+ each in lifetime volume), suggesting the most liquidity concentrated around the actual trading range. The outer thresholds (e.g., $72K upside, $57K downside) had near-zero probability throughout and minimal volume, reflecting the market’s consensus that BTC would stay contained.

Editorial read

This ladder market functioned as intended: it pinned down a precise intraday range ($64K–$65K) using Binance 1-minute candle data as the resolution oracle. The structure rewards traders who can identify the day’s likely trading band rather than simply predicting direction. The two Yes outcomes at the $64K and $65K thresholds — flanked by No outcomes at every other level — provide a clean signal that BTC’s August 5 action was range-bound with a ~$1,000 spread. The $312K in volume and $197K in liquidity indicate moderate participation, and the resolution mechanics (Binance 1m candles, ET timezone, specific trading pair) leave little ambiguity about the outcome. The event demonstrates how Polymarket’s threshold ladder format can extract granular price-level information from crowd-sourced markets, though the outer strikes show thin liquidity and low conviction.