Crossbook
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The record · t-0052

Will the price of Bitcoin be above $80,000 on August 27?

Logged 24 Aug 2026, 13:11 UTC · polymarket · Contract settles 27 Aug 2026, 16:00 UTC

crossbook
40.0%
med confidence
market at generation
36.4%
24 Aug 2026, 13:11 UTC
edge
+3.6 pts
probability points, not basis points
outcome
YES
brier 0.3600

Thesis

  • Outside view: the strike is barely out of the money (~$913 gap); with 3-day volatility of ~4%, the z-score is only ~0.27, so this is close to a coin flip tilted slightly toward NO because spot is below strike.
  • Signal: short-horizon BTC moves are dominated by noise and flow, not narrative; the modest distance to the strike means a single ~1.2% rally day (very common) flips this to YES, which supports a probability near 40% rather than far lower.
  • The market price of 36.4% is ~4 points below my estimate; the divergence is plausibly explained by thin volume ($3.5k) and NO-side anchoring on the round $80k resistance level rather than superior information.

Base rate

For a 3-day horizon with BTC at ~1.15% below the strike and typical realized daily volatility of 2–3%, a driftless lognormal model gives roughly a 39–42% chance of finishing above the strike.

What would prove this wrong

A sharp risk-off move in the next 24–48 hours pushing BTC below roughly $76,000 would drop the probability into the low teens, as the required rally would then exceed typical 3-day volatility.

Settlement

Resolved YES on 28 Aug 2026 · settlement source

This call is line t-0052 of the public append-only ledger, committed when it was published. It appears on the record alongside every other call, resolved and open.