Discovery/cryptoopenWhat price will Bitcoin hit in September?

Will Bitcoin dip to $77,500 in September?

stale dataas of 49m agoensemble-v1.2.0late: clob_book, ensemble_forecasts, gamma_events
Market prob.
89.5%
MARKET FACT
Fair est.
90.6%
MODEL ESTIMATE
Edge est.
+0.14pp
MODEL ESTIMATE
Confidence
0.25low
Liquidity
$70.3k
MARKET FACT
24h volume
$25.9k
MARKET FACT
Resolves
22.8d
Oct 1, 26

Price history

Solid line: market price (fact). Dashed amber: our fair-value estimate.

3 points
82%84%86%88%90%91%Sep 7Sep 8

Thesis

Why the estimate deviates from the market

  1. 1.Price momentum 1h: +0.70 logit, 6h: +0.70 logit (2 horizons, 100% agreement). [momentum v1.0.0, weight 0.27]

Counter-thesis

Why this may be wrong

  1. 1.Order book shows ask-side pressure (-6.3% imbalance within 5% of mid) on $51,957 of depth. [book_imbalance v1.0.0, weight 0.40]
  2. 2.Model confidence is 0.25; the estimate is shrunk heavily toward the market price and should be treated as weak.

Key catalysts

  1. 1.Resolution in 22.8 days; price convergence typically accelerates near expiry.

What would invalidate this

  1. 1.Market price moving to 91% would close the gap.
  2. 2.A reversal in the order-book imbalance or trade-flow direction that drove this estimate.
  3. 3.Liquidity falling materially below $51,957 would make the edge uncapturable regardless of accuracy.

Signal breakdown

Each signal is an independent estimate. Contribution is weight × logit distance from the market price.

SignalEstimateStrengthConf.WeightContributionExplanation
Momentumv1.0.0MODEL92.2%0.610.450.27+0.0573Price momentum 1h: +0.70 logit, 6h: +0.70 logit (2 horizons, 100% agreement).
Book imbalancev1.0.0MODEL90.3%0.060.670.40-0.0115Order book shows ask-side pressure (-6.3% imbalance within 5% of mid) on $51,957 of depth.
Liquidity shiftv1.0.0MODEL0.170.290.11+0.0000Liquidity increased 17% to $51,957; spread -67%.
Market impliedv1.0.0MARKET90.5%1.000.862.59+0.0000Market-implied probability 90.5% (source: book_mid).

Order book

captured 51m ago

PriceSizeTotal
98.00%1,015$994
97.00%3,843$3.7k
96.00%500$480
95.00%400$380
94.00%4,083$3.8k
93.00%1,200$1.1k
92.00%23,301$21.4k
91.00%975$887
90.50%spread +1.00ppimb -0.065
90.00%870$783
89.00%23,110$20.6k
88.00%300$264
87.00%3,050$2.7k
86.00%35$30
85.00%390$332
84.00%390$328
83.00%219$182
Bid depth ±5%
$24.3k
Ask depth ±5%
$27.7k

Tradeability

Whether the edge is actually capturable

Executable price
91.11%
Expected value / $1(net of executable price + assumed 10bps taker fee)
-0.0061
Spread
+1.00pp
Depth within 5%
$27,658
Signal score
2.91

Related markets

Verified deterministic relationships only

Resolution criteria

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 Low price equal to or lower 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 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. 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.

Edgecast provides information and analytics, not financial advice and not a guarantee of outcomes. Figures labelled MODEL are estimates produced by our models and are not objective truth. Prediction markets carry risk of loss.