{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-312CB53PK3",
  "slug": "kxbtc2026200-27jan01",
  "question": "Will Bitcoin be above $200,000 by 2027?",
  "category": "crypto",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "crypto",
    "bitcoin-price",
    "crypto-markets",
    "price-prediction",
    "2027-resolution",
    "btc-usd"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This market tracks whether Bitcoin's spot price exceeds $200,000 at the close of 2026. CF Benchmarks publishes the Bitcoin Real Time Index (BRTI), the authoritative price source for resolution. Kalshi staff determination applies the BRTI print at 2027-01-01 04:59:59 UTC. Only one platform structures this event, so no cross-platform divergence exists.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-CFQD6HD135",
  "current_primary_mark": {
    "last_price": 0.04,
    "implied_probability": 0.04
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-CFQD6HD135",
      "event_id": "CM-EVT-312CB53PK3",
      "platform": "kalshi",
      "platform_market_id": "KXBTC2026200-27JAN01-200000",
      "question": "Will Bitcoin be above $200000 by Jan 1, 2027 at 11:59PM ET?",
      "description": "Above $200000",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "CF Benchmarks publishes the Bitcoin Real Time Index (BRTI) price at 2027-01-01 04:59:59 UTC to determine if Bitcoin closes above $200,000.",
      "close_at": "2027-01-01T05:00:00Z",
      "resolve_at": "2027-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the Bitcoin spot price according to the CF Bitcoin Real-Time Index is above $200000 starting 2025-10-10 and before Jan 1, 2027 at 12:00 AM ET, then the market resolves to Yes.\n\nThe market resolves based on the CF Bitcoin Real-Time Index (BRTI) using a trimmed mean calculation. The resolution value is calculated by taking all BRTI values for each minute from market issuance until the specified time on the target date, removing the top 20% and bottom 20% of values, then averaging the remaining 60% of values. If the BRTI crosses the threshold at any point during the measurement period (triggering early expiration), the market immediately resolves. If no data is available at the expiration time, the market resolves to No. The market can resolve early if Bitcoin definitively crosses the threshold before the target date and time.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/data/indices/BRTI?ref=blog.cfbenchmarks.com",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/data/indices/BRTI?ref=blog.cfbenchmarks.com",
            "provenance": "platform_api"
          },
          {
            "name": "CF Bitcoin Real-Time Index (BRTI)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 100,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.04,
      "implied_probability": 0.04,
      "volume_24h_usd": 373.93080000000003,
      "volume_total_usd": 246101.706,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 200000,
      "question_id": "CMX-DF03732D2D",
      "also_on": [
        {
          "venue": "polymarket",
          "market_id": "CM-MKT-9RXCNHH427",
          "price": 0.02
        }
      ],
      "tags": [
        "2027",
        "bitcoin",
        "btc",
        "price"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_not_enumerated_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-312CB53PK3",
    "terms": "Attribution required. clearmarket.fyi"
  }
}