Crypto/POLYMARKET/May 16, 2026
polymarket market

Will the price of Bitcoin be above $78,000 on May 17?

PRISM
63.0%
MARKET (PUBLISH)
55.1%
MARKET (SETTLED)
100%
MOVE
+45pp

PRISM detected 7.8pp mispricing — and was right

Market priced this at 55%. PRISM saw 63% — a 7.8pp gap. The outcome confirmed the underpricing.

PRISM WAS RIGHT+81% return
ISSUED FORECASTMay 16, 2026 at 12:07 PM
MODERATE · UNDERPRICED+7.8ppPRISM 63% · Market 55%
PRISM
63.0%
VS
MARKET
55.1%
EDGE DETECTED7.8pp
WEAK
MODERATE
STRONG
EXTREME
OUTCOME
YES
FORECAST
MODERATE
DIRECTION
UNDERPRICED
CONFIDENCE
MEDIUM
ACCURACY EDGE
+64
PUBLISHED
May 16, 2026
VIEW LIVE PRISM FORECASTSEdge scoring updated every 2h
1

What happened

This market resolved YES on May 17, 2026. PRISM's forecast aligned with the resolved outcome.

Forecast Tape

4 events
  1. May 12, 8:07 PMPUBLISHED

    Prism 86% vs market 83% — NONE FAIR

  2. May 16, 12:07 PMRE-ANALYZED

    Forecast NONE → MODERATE at Prism 63%

  3. May 16, 12:07 PMMARKET MOVED

    Market 83% → 55% (-27pp)

  4. May 17, 8:05 PMRESOLVED YES

    Resolved YES. Prism was right. +81% return.

2

What the market believed

MARKET PRICE · AT FORECAST TIME
55.1%

The market was pricing this event at 55.1% probability when PRISM generated its forecast. PRISM assessed this was too low — the market was underpricing the probability.

3

What PRISM believed

PRISM PROBABILITY
63.0%
EDGE DETECTED
7.8pp
FORECAST
MODERATE UNDERPRICED
Confidence
MEDIUM
Kelly Reference
N/A
PRISM Sizing (¼ Kelly · cap 5%)
N/A
PRISM REASONING
  • Bitcoin is currently slightly above the $78,000 threshold with modest recent volatility
  • The small 0.1% buffer and lack of strong catalysts keep odds only moderately above even
FACTORS FOR
  • +Current price is 0.1% above the $78,000 threshold.
  • +Historical daily volatility and ATR are large relative to $40 gap.
FACTORS AGAINST
  • 24h and 7d performance are mildly negative, suggesting downside drift risk.
  • No major near-term catalysts to drive strong upside into the fix.
RESOLUTION PATHS MODELED
BTC ranges sideways and stays slightly above $78k at 12:00 ET37%
Intraday bullish move lifts BTC clearly above $78k into the fixing26%
Evidence 63%Cluster: crypto:price-bracket
SOURCES (11)
last week
  • Bitcoin to US Dollar (BTC/USD) - Historical data, historical pricestwelvedata.com

    Prices ; May 15, 2026, 81.08K · 81.65K ; May 14, 2026, 79.29K · 82.07K ; May 13, 2026, 80.48K · 81.29K ; May 12, 2026, 81.73K · 81.78K ...

    May 15Open →
  • Current price of Bitcoin for May 13, 2026 | Fortunefortune.com

    At 9:15 a.m. Eastern Time on May 13, 2026, one Bitcoin (BTC) is priced at $80,304.05. That's down $556.92 from where it stood yesterday morning and roughly ...

    May 13Open →
  • Current price of Bitcoin for May 15, 2026 | Fortunefortune.com

    At 9:15 a.m. Eastern Time today, the market price for a single Bitcoin (BTC) is $80,120.03. That's a $546.24 jump from where it was trading yesterday ...

    May 16Open →
  • Bitcoin May 16 Close: Live $103K, Above $70K Odds | Lines.comlines.com

    Bitcoin sits at $103K on May 10, 2026. Polymarket implies a 99% chance Bitcoin closes above $70000 by May 16. Live odds, price, news.

    May 10Open →
  • BTC Price Estimated to Reach $ 85127 By May 21, 2026 - CoinCodexcoincodex.com

    Bitcoin is predicted to increase 8.87% in the next 5 days and hit a price target of $85127 per BTC. Check out today's Bitcoin price prediction to learn why.

    May 16Open →
  • Closing Prices and SQ | Bitcoin Marketplace - bitFlyerbitflyer.com

    This is the “Closing Prices and SQ” page for bitFlyer. Each virtual currency's closing price can be referenced on Buy/Sell and the exchange.

    May 10Open →
  • Verified crypto market datacoingecko.com

    ## VERIFIED CRYPTO DATA (USE THESE NUMBERS — DO NOT HALLUCINATE PRICES) CRITICAL: The following price data is verified and current as of this moment. Use ONLY these numbers in your analysis. DO NOT substitute with any other price data. Asset: Bitcoin (BTC) Current Price: $78,040 (VERIFIED — use this exact number) 24h Change: -3.08% 7d Change: -2.88% All-Time High: $126,080 (-38.1% from ATH) Market Cap: $1563.2B 24h Volume: $36.8B ## PRE-COMPUTED MARKET MATH (use these numbers — do NOT recalculate) Target price: $78,000 Current price: $78,040 Distance to target: 0.1% ABOVE target ($40.00 above) Direction required: Price must stay above or rise to $78,000 IMPORTANT: These are PRICE MOVES (how

    May 16Open →
  • Bitcoin May 17: Live Price, $72K Odds & News | Lines.comlines.com

    It means Polymarket participants collectively price a 98.5% chance that Bitcoin's spot price exceeds $72,000 at 4:00 PM UTC on May 17, 2026. That reflects ...

    May 11Open →
  • Bitcoin (BTC) Price Prediction: Can Bitcoin Hit $85K in May?247wallst.com

    Bitcoin is 5% from $85K, but the rally just hit a wall. Here's what has to go right in the next 19 days for the BTC to hit $85K this month.

    May 12Open →
  • Crypto News Today: Bitcoin Price Prediction Points toglobenewswire.com

    Some forecasts suggest Bitcoin could trade around $200,000 to $250,000 in 2026, but that outlook depends on factors like institutional adoption, ETF demand, ...

    May 14Open →
  • Bitcoin Price Faces a Crucial $82,000 Test as ETF Outflows Returninvesting.com

    Tiger Research published a Q2 2026 valuation report targeting $143,000 per coin, which sits comfortably inside the $97,000-to-$108,000 resistance band that ...

    May 13Open →

PRISM RETRIEVES EVIDENCE FROM A CURATED LIST OF PRIMARY WIRES + OFFICIAL SOURCES

4

Why the gap existed

Prism correctly identified 7.9% mispricing

CALIBRATION SCORECARD
PRISM ACCURACY
0.137
MARKET ACCURACY
0.201
EDGE
+64.3
Brier edge
PRISM's probability estimate was more accurate than the market price.
5

How this forecast played out

1.PRISM analyzed Will the price of Bitcoin be above $78,000 on May 17?, classifying it as underpriced at 55.1%.
2.Forecast classification: MODERATE UNDERPRICED — PRISM estimate 63.0% vs market 55.1%.
3.Kelly reference at forecast time: —% (¼ Kelly, capped at 5%; mathematical reference only — not a position recommendation).
4.Outcome: resolved YES.

Get live PRISM forecasts for Kalshi + Polymarket.

Edge scores, Kelly references, confidence levels, and resolution paths — updated every 2 hours, before the market corrects.

VIEW LIVE FORECASTS
PRISM: v0.9.125-fast-ledger-floor·Forecasted: May 16, 2026·Resolved: May 17, 2026·polymarket
For informational purposes only. Not financial advice. EdgeCal provides PRISM-generated market analysis and does not execute trades, manage funds, or guarantee returns. Past performance does not indicate future results.