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Home/Crypto/Will Bitcoin reach $87,500 in August?
PolymarketCryptoUpdated 8m ago

Will Bitcoin reach $87,500 in August?

Market probability
12.0%
−6 percentage points
over 24 hours18.0% → 12.0%
7 days until the event deadline
Deadline: September 1, 2026 at 12:00 AM ET

Confirmed repricing, but the latest probability is still moving.

The pricing is supported by healthy trading volume and market depth, a tight spread. The probability moved another 1.5 points in the past hour — the market is still repricing.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Strong

The pricing is supported by healthy trading volume and market depth, a tight spread.

Consensus stability

Has the market settled at the new probability?

Unsettled

The probability moved another 1.5 points in the past hour — the market is still repricing.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$9.1K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market will resolve to "Yes" if any Binance 1 minute candle for BTC/USDT from the creation of this market through 11:59 PM ET on the last day of the month specified in the title has a final High price equal to or greater than the price specified in the title. Otherwise, this market will resolve to "No".

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve to "Yes" if any Binance 1 minute candle for BTC/USDT from the creation of this market through 11:59 PM ET on the last day of the month specified in the title has a final High price equal to or greater than the price specified in the title. Otherwise, this market will resolve to "No". Price action before this market's creation will not be considered. The resolution source for this market is Binance, specifically the BTC/USDT High prices available at https://www.binance.com/en/trade/BTC_USDT, with the chart settings on "1m" for one-minute candles selected on the top bar. Please note that the outcome of this market depends solely on the price data from the Binance BTC/USDT trading pair. Prices from other exchanges, different trading pairs, or spot markets will not be considered for the resolution of this market.

Why the odds moved

The probability fell 6.0 percentage points over the last 24 hours (18.0% → 12.0%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The market's deadline arrivesSeptember 1, 2026 at 12:00 AM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Aug 24, 2:49 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: medium · expected error ±20 pts.

Reacting to newsLegacy movement classifier: watch

What's happening

high classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

Change (pts)1H-1.56H-6.024H-6.07D-6.0
Score breakdown — Movement, Liquidity & Trust

ProbCast Trust Score

49/ 100 · Watch

Mixed support. Interpret with some caution. Main caveat: limited history.

ProbCast measures how reliable this market probability appears — not what to trade.

Movement85

Magnitude of recent probability change

Liquidity75

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ProbCast — Odds Reliability

Know whether prediction-market odds can be trusted. ProbCast analyzes liquidity, market activity, spreads, and price movement to help distinguish meaningful repricing from thin-market noise.

Questions? Chat with us on Telegram
TodayTop MoversEventsAll MarketsWhat ChangedVenue DivergencePolymarket vs KalshiMethodologyCoverageMeta's ArenaWatchlistTerms of UsePrivacyCrypto
  • Probability moved 6.0 pts in ≤6h on adequate liquidity

Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
27Low
Where the price path tends to go next21 observed
  • Trend continuation36%
  • Choppy / mean-reverting28%
  • News repricing19%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityMedium· half-life <1h
PredictabilityElevated irreducibility

Secondary read: leaning toward Trending.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

$51.9K

Liquidity

$37.5K

Total volume

$119.1K

Category
Crypto
Venue
Polymarket
Open interest
—
Spread
2.0 pts
Best bid
11.0%
Best ask
13.0%
7-day range
12.0% – 21.5%
Resolves
Sep 1, 2026

Depth of the order book and volume

Trust breakdown

49/100 · Watch

Mixed support. Interpret with some caution. Main caveat: limited history.

  • Liquidity anchor+53
  • Price steadiness+5
  • Limited history-8
Trust score49 / 100
How these scores work →
View on Polymarket

ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. ProbCast is not a betting platform, exchange, or broker and does not provide buy or sell recommendations. Intended for users 18+; availability of prediction-market activity varies by jurisdiction. Venue data is aggregated from third parties and may be delayed or inaccurate. See our Terms of Use.

Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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