Polymarket odds of BTC hitting $80,000 in October rise to 72%

Polymarket odds of BTC hitting $80,000 in October rise to 72%

N
News Editor
2026-10-08 05:09:43
PPP’s prediction market tracker shows that on Polymarket, the odds of Bitcoin reaching $80,000 during the rest of October have climbed to 72%, up 17% over the past 24 hours. A separate market tracking whether BTC will touch $77,500 in the same period has risen to 48%, marking a 14% increase over 24 hours. The contract’s settlement rules are tied specifically to Binance’s BTC/USDT trading pair. Under those terms, the market resolves based on whether the high of any one-minute candle on Binance BTC/USDT reaches or exceeds the target price during the month named in the title, measured from 12:00 a.m. Eastern Time on the first day of the month through 11:59 p.m. Eastern Time on the last day. If that condition is met, the market settles to Yes immediately; if not, it settles to No. The rules also state that only the one-minute candle high on Binance BTC/USDT counts for settlement. Prices from other exchanges, other trading pairs, or spot markets are excluded.

PPP’s prediction market tracker shows that on Polymarket, the odds of 「BTC hitting $80,000 during the rest of October」 have risen to 72%, up 17% in the past 24 hours.

In another related market, the odds of BTC touching $77,500 during the rest of October climbed to 48%, a 14% increase over 24 hours.

Settlement is based on Binance BTC/USDT

Under the contract rules, the market uses the Binance BTC/USDT trading pair as its reference. During the month specified in the title, from 12:00 a.m. Eastern Time on the first day of the month to 11:59 p.m. Eastern Time on the last day, the market resolves to Yes immediately if the high of any one-minute candle is equal to or above the target price. Otherwise, it resolves to No.

The rules state that only the one-minute candle high on Binance BTC/USDT is used for settlement. Prices from other exchanges, other trading pairs, or spot markets are not counted.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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