Bitcoin November price bets climb as $85,000 contract reaches 56%
BBX reported that the 87,500 dollar November contract also rose, up 17 points to 38 percent. The market settles on the highest price on the 1-minute Binance BTC/USDT candlestick chart during November.
According to BBX, the Polymarket contract on Bitcoin reaching $85,000 in November increased by 23 percentage points to 56%. The report was published on Nov 5, 2026, at 2:15 AM ET.
The November contract for a higher threshold, $87,500, also advanced. BBX reported a 17-percentage-point increase to 38%.
Two thresholds, one measurement window
The $85,000 contract recorded both the larger increase and the higher probability. The reported readings put it 18 percentage points above the $87,500 contract.
According to BBX, settlement depends on the highest price recorded on Binance’s 1-minute BTC/USDT candlestick chart during November. The relevant measure is therefore the month’s peak on that chart, rather than a month-end closing price.
What it means for prediction markets
- The reported gains show increased market-implied chances of Bitcoin reaching both November thresholds, with $85,000 priced above 50% and $87,500 below it.
- Settlement turns on the specified Binance BTC/USDT chart; a price recorded elsewhere is not the stated benchmark.
- Because the contract uses November’s highest price, a threshold touch matters even if Bitcoin subsequently trades lower.
Sources & attribution
- Published
- Source
- BBX
- Publisher
- The publisher did not list a web address.
- Source URL
- The feed did not publish this story's article address.
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to BBX”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.
Related
- Brian Keefe NBA Coach of the Year contract gaps 43.2 points between venues, at 49 cents on Polymarket against 6 cents on Kalshi, WinDailySports reports
- Pedro Sanchez priced at 11.6 percent to be the next Prime Minister of Spain on Polymarket, with 2.7 million dollars traded, World Monitor reports
- Contract on Variational FDV above 500 million dollars one day after launch is priced at 85.5 percent on Polymarket, with 3.9 million dollars traded, World Monitor reports
- 38 of the 43 most-traded events of the past seven days have now settled, led by the $49M Texas Senate winner market
- Jon Ossoff becomes the 2028 presidential favourite on Polymarket and Kalshi at 18 percent, ahead of J.D. Vance, Reuters reports
- Democrats win control of both chambers as prediction markets match the outcome they priced for weeks, Nexfinity News reports