What price will Bitcoin hit in August?: how this market works
What you need to know
This market is actually three separate yes/no questions about Bitcoin's price during August 2026, each asking whether Bitcoin will touch a specific price level at any point in the month. The three levels are $60,000 (a floor question), $62,500 (a middle question), and $65,000 (a ceiling question). A Yes on any of them means Bitcoin briefly hit that price, even for just one minute. A No means it never touched that number the entire month. Each question settles based on one specific data source: the BTC/USDT trading pair on the Binance exchange, checked on one-minute candles. For the upside targets ($62,500 and $65,000), it resolves Yes if the high price of any single one-minute candle reaches or exceeds that number. For the downside target ($60,000), it resolves Yes if the low price of any candle touches or drops below that number. Prices from other exchanges like Coinbase do not count, even if Bitcoin trades there at a different level. None of the provided recent headlines relate to Bitcoin or cryptocurrency markets in any meaningful way. The items cover topics like LPG prices, a horoscope column, Netflix recommendations, and an AI article. There is no relevant news here to work from. The kinds of developments worth watching for would be major regulatory announcements, large institutional moves into or out of Bitcoin, or significant shifts in broader financial market conditions. Bitcoin is genuinely one of the harder assets to forecast because its price can swing dramatically in short periods for reasons ranging from macroeconomic news to social media sentiment. The three price levels are reasonably close together, which means a single volatile week could settle all three questions at once. The market currently prices a $65,000 touch as 76% likely and a drop below $60,000 as 61% likely, suggesting participants expect a wide range of movement rather than a calm, stable month.
The odds right now
- ↓ 62,50091%
- ↑ 65,00076%
- ↓ 60,00061%
- ↑ 67,50047%
- ↓ 57,50039%
- ↑ 70,00023%
- ↓ 55,00022%
- ↓ 52,50010%
- ↑ 72,50010%
- ↓ 50,0007%
- ↑ 75,0005%
- ↑ 77,5002%
Price history
↓ 62,500
How this resolves
Resolves September 1, 2026
This market will immediately resolve to "Yes" if any Binance 1 minute candle for BTC/USDT during the month specified in the title (from 00:00 AM ET on the first day to 11:59 PM ET on the last), has a final Low price equal to or lower than the price specified in the title. Otherwise, this market will resolve to "No." The resolution source for this market is Binance, specifically the BTC/USDT Low 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. Read the full resolution rules on the live market page.
Related
Other outcomes in this market
- ↓ 62,50091%
- ↑ 65,00076%
- ↓ 60,00061%
- ↑ 67,50047%
- ↓ 57,50039%
- ↑ 70,00023%
- ↓ 55,00022%
- ↓ 52,50010%
- See all 20 outcomes →
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