SimpleFunctions
Winner-take-all answer·11 source contracts·Kalshi 11·refreshed just now·Closes Jan 1, 2027 · 147d

BTC price on Jan 1, 2027

Leader sits at 13% across 11 bound outcomes, runner-up at 9%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

13%

65,000 to 69,999.99

runner-up 9¢leader 13¢

Outcomes

11

winner-take-all

Runner-up

70,000 to 74,999.99

Spread

4pp

contested

24h volume

$26K

liquid

Closes

Jan 1, 2027

147 days

Venue

Kalshi

11 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday65,000 to 69,999.99: 13% (30 days, 30 points)65,000 to 69,999.99: 13% on 2026-08-0570,000 to 74,999.99: 10% (30 days, 19 points)70,000 to 74,999.99: 10% on 2026-08-0560,000 to 64,999.99: 12% (30 days, 26 points)60,000 to 64,999.99: 12% on 2026-08-05
65,000 to 69,999.9913¢70,000 to 74,999.9910¢60,000 to 64,999.9912¢
Top 3 candidates by current price · 30d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This market estimates an 11% probability that Bitcoin trades between $65,000 and $69,999 on January 1, 2027. Trading activity concentrates on lower price ranges ($55,000–$64,999), suggesting market participants assign higher cumulative probability to Bitcoin remaining below $65,000 over the next six months. The current leader position reflects modest conviction rather than consensus. Key drivers include macroeconomic conditions affecting risk assets, Federal Reserve policy trajectory, and cryptocurrency regulatory developments. The resolution date itself—January 1, 2027—represents a fixed point where uncertainty collapses to a single Bitcoin price observation. Until then, volatility, institutional adoption trends, and geopolitical events could shift probabilities meaningfully across all outcome brackets.

  • Trading volume concentrates on $55,000–$64,999 brackets ($21.5k combined 24h volume) versus $65,000–$69,999 ($6,928 24h volume), suggesting market-implied median expectations lie below the current leader outcome
  • The 11% probability for $65,000–$69,999 is the single highest outcome but represents minority conviction across a fragmented distribution of price outcomes
  • Historical Bitcoin volatility and the six-month time horizon mean a >5% move in either direction from current spot price would significantly alter the probability distribution across all brackets
  • Federal Reserve interest rate decisions and risk-asset sentiment through late 2026 will materially influence which price range resolves, as Bitcoin historically correlates with equity market conditions
  • Bitcoin's regulatory status in major jurisdictions remains unsettled, and any significant policy shifts between July 2026 and January 2027 could rapidly reprrice expectations across all outcome brackets

What moved the line

  • Aug 170,000 to 74,999.993pp118¢ · Kalshi
  • Aug 255,000 to 59,999.993pp811¢ · Kalshi

Recently closed in bitcoin

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: just now.