On which prediction markets can I place bets that the Bitcoin price will touch a specific level within a given timeframe?
I'm looking to use this as a hedge alongside a futures position - placing a bet at the same level as my liquidation price, so that if I get liquidated, I can recover some of the loss through the winning bet.
You can try Polymarket however this won't be a true hedge.
If your liquidation price is $100K, and say the BTC touch level is also $100K. What will happen if price goes to $100,001 and your option expires, and then right after you get liquidated on the futures position.
You can't really hedge touch options, if you want to hedge your position you need to use those regular options ( I think they are called Vanilla options) and just buy a regular put to offset your long position.