TOTAL VOLUME:
$147.8b
24H VOL:
$153,964,051
24H TRANSACTIONS:
2,815,744,871
OPEN INTEREST:
$1,809,858,743
498,684
Markets across
37,244
events
MATCHED EVENTS:
2,831
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Closed: Oct 23, 5:00 PM EST
Kalshi
This event tracks Bitcoin's price performance at a specific future moment, using a trusted benchmark index to determine the outcome. The resolution depends on where the price falls within predefined ranges at the exact closing time.
All markets resolve based on the simple average of the sixty seconds of CF Benchmarks' Bitcoin Real-Time Index (BRTI) immediately before 5 PM EDT on October 23, 2026. Each market corresponds to a specific price range, with the first market resolving to Yes if the average is $69,999.99 or below, and the final market resolving to Yes if the average exceeds $93,999.99. Intermediate markets resolve to Yes if the average falls within their respective bounds. The official price is calculated from 60 BRTI readings collected in the final minute before expiration, emphasizing the use of CF Benchmarks' index over other potential sources for consistency and accuracy.
Currently, prediction market odds offer a unique perspective compared to traditional spot price expectations for Bitcoin. While spot prices reflect immediate market sentiment, this market aggregates the beliefs of a diverse group of traders forecasting a future price range. This can reveal insights into potential volatility and risk perceptions that aren’t immediately apparent in spot markets. It’s important to remember that prediction markets are forward-looking, attempting to anticipate price movements rather than simply reflecting the current price.
On Kalshi, this market is priced using a continuous double auction. Traders submit buy and sell orders for contracts representing different Bitcoin price ranges. The prices of these contracts fluctuate based on supply and demand, ultimately reflecting the collective probability assigned to each range. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market’s depth and liquidity, as indicated by the volume, influence how efficiently prices adjust to new information and trader sentiment. This dynamic pricing mechanism allows for a real-time assessment of expectations.
This market resolves around Oct 23, 2026, with the outcome confirmed once the Bitcoin price at 5pm EDT on October 23, 2026, is verifiable from credible public reporting. The market will settle to 100% in the price range that contains the actual Bitcoin price at the specified time. The resolution will be based on data from a widely recognized and trusted source for cryptocurrency pricing, ensuring a transparent and accurate determination of the winning outcome for this market.
Several signals or events could significantly move this market. Major regulatory announcements regarding cryptocurrency, particularly in the United States or other key economic regions, could introduce volatility. Unexpected macroeconomic events, such as shifts in interest rates or inflation, could also impact Bitcoin’s price. Technological developments related to the Bitcoin network, like significant upgrades or security breaches, are additional catalysts. Finally, broader market sentiment towards risk assets and adoption rates by institutional investors will likely influence trading activity in this market.