Will Bitcoin have the best performance in 2026?

Prediction markets currently give a 28% probability that Will Bitcoin have the best performance in 2026?. This contract trades at 28¢ on Polymarket, closing December 31, 2026. Bitcoin's 28¢ price reflects a depressed 28% win probability despite an extraordinary 363.8% annualized yield on the Yes side, suggesting the market is pricing in significant structural headwinds against Bitcoin outperforming gold and the S&P 500 over 2026.

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28¢
Bid/Ask 27/28¢·Spread 1¢·Vol $122.99·OI $28,469.845·Closes Dec 31, 2026·253d remaining
0xb276435811dc77171602f790db2b5900e780adfadb7cff57e547d58fb1a8215f
7-day price26 snapshots · 16 regime
35¢28¢ current
Apr 828¢Apr 20

Analysis

4d ago

Bitcoin's 28¢ price reflects a depressed 28% win probability despite an extraordinary 363.8% annualized yield on the Yes side, suggesting the market is pricing in significant structural headwinds against Bitcoin outperforming gold and the S&P 500 over 2026. The sharp 12.5% price decline over seven days combined with modest $13.87 daily volume and $28.1M open interest indicates thin liquidity and potential capitulation selling, though the neutral regime score (0.341) suggests no extreme market stress is driving the bearish positioning. With 258 days to expiry and a tight 1¢ spread, this appears to be a contrarian opportunity if you believe Bitcoin's historical volatility and growth trajectory will overcome the market's current skepticism about relative outperformance.

Resolution rules

This market will resolve according to the asset which has the best performance in 2026 among Bitcoin, Gold, and the S&P 500 with performance measured as the percentage change in price during the year for each asset. The percentage change in price for Bitcoin will be calculated by comparing the "Close" price for the Binance 1 minute candle for BTC/USDT on January 1, 2026 12:00 AM ET to the "Close" price for the Binance 1 minute candle for BTC/USDT on December 31, 2026 11:59 PM ET. The resolution source for Bitcoin will be Binance, specifically the BTC/USDT "Close" prices currently available at https://www.binance.com/en/trade/BTC_USDT in the chart with "1m" and "Candles" selected on the top bar and the mouse on the candle for the relevant minute (the “time tools” selection may be used to view historical candles). The percentage change in Gold will be calculated by comparing the official Gold Continuous Contract (GC00) Close price for the last trading day in 2025 to the official Gold Continuous Contract (GC00) Close price for the last trading day in 2026, as reported by MarketWatch. The resolution source for Gold will be MarketWatch, specifically the close values reported for Gold Continuous Contract (GC00) under “Historical Quotes” at https://www.marketwatch.com/investing/future/gc00. The percentage change in the S&P 500 will be calculated by comparing the official S&P 500 Index (^SPX) Close price for the last trading day in 2025 to the official S&P 500 Index (^SPX) Close price for the last trading day in 2026, as reported by Yahoo Finance. The resolution source for the S&P 500 will be Yahoo Finance, specifically the Close values published by Yahoo Finance for S&P 500 Index (^SPX) at https://finance.yahoo.com/quote/%5ESPX/history/. If two or more listed assets have exactly the same performance for 2026, this market will resolve according to the asset whose name, as listed in the title of this market, comes first alphabetically (e.g. if Bitcoin and Gold tie, this market will resolve to Bitcoin). Only closing prices will be used for all calculations; total return measures will not be applied. If either of the relevant trading days are shortened, the official closing price published for that session will be used. If any relevant day lacks a specified closing price, the last valid historical closing price offered by the resolution source will be used.

Indicators

IY (Yes) 370.8%
IY (No) 56.1%
Adj IY 185%
CRI 3
Overround 0.0%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)370.8%
IY (No)56.1%
Adj IY185%
CRI3
Overround0.0%

Regime

Label
neutral
Score
0.341
Spread
1¢
Computed
4/21/2026, 8:26:50 PM
Observability lowEvent type financial
Indicators computed 4/21/2026, 8:23:18 PM

Trade

View on polymarketsf trade 0xb276435811dc77171602f790db2b5900e780adfadb7cff57e547d58fb1a8215f yes 100

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