Demo data

October 2026 outlook (month-end)

Bitcoin forecast for 31 Oct 2026

Fresh

Reference price
$80,000 US dollars per bitcoin · frozen for this versionUSD per bitcoin · frozen
Dates and timesHide dates and times
Reference observed
31 Oct 2026, 06:00 UTC
Forecast published
31 Oct 2026, 06:12 UTC
Target
31 Oct 2026, 23:59 UTC · price at this time

Research estimate AI average · uncalibrated

AI average · uncalibrated Two research runs, by OpenAI and Claude. Each one searches news, market data and official calendars, cites what it used, then estimates. Weighted equally. Price at 31 Oct 2026, 23:59 UTC.

±1% from $80,000 ±5% from $80,000 ±10% from $80,000 ±50% from $80,000

Down 1% or more

36%

$79,200 or lower

Between −1% and +1%

23%

$79,200 to $80,800

Up 1% or more

41%

$80,800 or higher

Down 1% or more

$79,200 or lower

36%

Between −1% and +1%

$79,200 to $80,800

23%

Up 1% or more

$80,800 or higher

41%

The most likely of the three outcomes is up 1% or more, at 41%. Down 36% · Within 23% · Up 41% at ±1%.

Down 5% or more

7%

$76,000 or lower

Between −5% and +5%

83%

$76,000 to $84,000

Up 5% or more

10%

$84,000 or higher

Down 5% or more

$76,000 or lower

7%

Between −5% and +5%

$76,000 to $84,000

83%

Up 5% or more

$84,000 or higher

10%

The most likely of the three outcomes is between −5% and +5%, at 83%. Down 7% · Within 83% · Up 10% at ±5%.

Down 10% or more

1%

$72,000 or lower

Between −10% and +10%

98%

$72,000 to $88,000

Up 10% or more

1%

$88,000 or higher

Down 10% or more

$72,000 or lower

1%

Between −10% and +10%

$72,000 to $88,000

98%

Up 10% or more

$88,000 or higher

1%

The most likely of the three outcomes is between −10% and +10%, at 98%. Down 1% · Within 98% · Up 1% at ±10%.

Down 50% or more

<0.1%

$40,000 or lower

Between −50% and +50%

>99.9%

$40,000 to $120,000

Up 50% or more

<0.1%

$120,000 or higher

Down 50% or more

$40,000 or lower

<0.1%

Between −50% and +50%

$40,000 to $120,000

>99.9%

Up 50% or more

$120,000 or higher

<0.1%

The most likely of the three outcomes is between −50% and +50%, at >99.9%. Down <0.1% · Within >99.9% · Up <0.1% at ±50%.

How boundaries are counted

Down includes its boundary: a price of exactly $79,200 counts as Down.

Up includes its boundary: a price of exactly $80,800 counts as Up.

Within is strictly between $79,200 and $80,800. The three outcomes cannot overlap and always sum to 100%.

Down includes its boundary: a price of exactly $76,000 counts as Down.

Up includes its boundary: a price of exactly $84,000 counts as Up.

Within is strictly between $76,000 and $84,000. The three outcomes cannot overlap and always sum to 100%.

Down includes its boundary: a price of exactly $72,000 counts as Down.

Up includes its boundary: a price of exactly $88,000 counts as Up.

Within is strictly between $72,000 and $88,000. The three outcomes cannot overlap and always sum to 100%.

Down includes its boundary: a price of exactly $40,000 counts as Down.

Up includes its boundary: a price of exactly $120,000 counts as Up.

Within is strictly between $40,000 and $120,000. The three outcomes cannot overlap and always sum to 100%.

The price on the target date, not whether a level is touched before it. Probability estimates, not guarantees. Methodology and limitations.

BTC/USD · 31 Oct · ±1% Down 36%, within 23%, up 41%
BTC/USD · 31 Oct · ±5% Down 7%, within 83%, up 10%
BTC/USD · 31 Oct · ±10% Down 1%, within 98%, up 1%
BTC/USD · 31 Oct · ±50% Down <0.1%, within >99.9%, up <0.1%

Price so far and forecast range

BTC/USD since 31 Jul, then where the research estimate puts the price on 31 Oct 2026.

Middle estimate
$80,200
Even odds above or below
50% chance between
$78,300 – $82,300
25th to 75th percentile
80% chance between
$76,300 – $84,000
10th to 90th percentile
$100k$90k$80k$70k 31 Jul31 Aug30 Sep31 Oct PRICE HISTORYFORECAST RANGETARGET +1% · $80,800 −1% · $79,200 +5% · $84,000 −5% · $76,000 +10% · $88,000 −10% · $72,000 +50% · $120,000 ↑ −50% · $40,000 ↓ 90th · $84,000 75th · $82,300 Median · $80,200 25th · $78,300 10th · $76,300 $80,000 $100k$90k$80k$70k 31 Jul31 Aug30 Sep31 Oct +1% · $80,800 −1% · $79,200 +5% · $84,000 −5% · $76,000 +10% · $88,000 −10% · $72,000 +50% · $120,000 ↑ −50% · $40,000 ↓ $80,000
The forecast is only for 31 Oct 2026, 23:59 UTC; the shading between 31 Oct and 31 Oct is interpolated for readability, not a forecast of the path. Percentiles come from the AI average, spread evenly within each threshold band. The models put 2% of the probability outside ±10%.
Chart data as a table
Forecast percentiles for 31 Oct 2026, 23:59 UTC (AI average)
PercentilePrice
10th$76,300
25th$78,300
Median (50th)$80,200
75th$82,300
90th$84,000
BTC/USD price history, month-ends and the reference date
DatePrice
31 Jul 2026$74,500
31 Aug 2026$83,400
30 Sep 2026$77,100
31 Oct 2026$80,000

All movement thresholds

AI average for the price on 31 Oct 2026, measured from the $80,000 reference. All four thresholds are on this page; choosing one updates the panels above.

AI average probabilities for each movement threshold
ThresholdMove Down Within Up Selection
±1% 36% Down 1% or more: $79,200 or lower 23% Between −1% and +1%: $79,200 to $80,800 41% Up 1% or more: $80,800 or higher Selected Show ±1%
±5% 7% Down 5% or more: $76,000 or lower 83% Between −5% and +5%: $76,000 to $84,000 10% Up 5% or more: $84,000 or higher Selected Show ±5%
±10% 1% Down 10% or more: $72,000 or lower 98% Between −10% and +10%: $72,000 to $88,000 1% Up 10% or more: $88,000 or higher Selected Show ±10%
±50% <0.1% Down 50% or more: $40,000 or lower >99.9% Between −50% and +50%: $40,000 to $120,000 <0.1% Up 50% or more: $120,000 or higher Selected Show ±50%

Within ranges exclude both boundaries. Wider thresholds always have a larger Within share: the estimates nest consistently. Values shown as “<0.1%” or “>99.9%” are bounds; the underlying values sum to 100%.

Compare sources

Selected threshold ±1%. Every source uses the same event and the same $80,000 reference, and is listed in Down / Within / Up order. OpenAI and Claude differ by up to 2 percentage points at ±1%.

Selected threshold ±5%. Every source uses the same event and the same $80,000 reference, and is listed in Down / Within / Up order. OpenAI and Claude differ by up to 3 percentage points at ±5%.

Selected threshold ±10%. Every source uses the same event and the same $80,000 reference, and is listed in Down / Within / Up order. OpenAI and Claude differ by up to 1 percentage point at ±10%.

Selected threshold ±50%. Every source uses the same event and the same $80,000 reference, and is listed in Down / Within / Up order. OpenAI and Claude give the same estimates at ±50%.

Down, within and up probabilities by source at the selected threshold
Source Down Within Up Updated Coverage Details
AI average Average · uncalibrated 36%23%41% 31 Oct 2026, 06:12 UTC Fresh2 of 2 models Details: AI average — method
OpenAI Research run 36%22%42% 31 Oct 2026, 06:09 UTC Fresh5 cited sources Details: OpenAI — run details
Claude Research run 37%23%40% 31 Oct 2026, 06:10 UTC Fresh5 cited sources Details: Claude — run details
Statistical reference Synthetic fixture 36%27%37% 31 Oct 2026, 06:00 UTC FreshPrice history only Details: Statistical reference — method
AI average Average · uncalibrated 7%83%10% 31 Oct 2026, 06:12 UTC Fresh2 of 2 models Details: AI average — method
OpenAI Research run 8%81%11% 31 Oct 2026, 06:09 UTC Fresh5 cited sources Details: OpenAI — run details
Claude Research run 7%84%9% 31 Oct 2026, 06:10 UTC Fresh5 cited sources Details: Claude — run details
Statistical reference Synthetic fixture 4%92%4% 31 Oct 2026, 06:00 UTC FreshPrice history only Details: Statistical reference — method
AI average Average · uncalibrated 1%98%1% 31 Oct 2026, 06:12 UTC Fresh2 of 2 models Details: AI average — method
OpenAI Research run 1%98%1% 31 Oct 2026, 06:09 UTC Fresh5 cited sources Details: OpenAI — run details
Claude Research run 0.5%98.6%0.9% 31 Oct 2026, 06:10 UTC Fresh5 cited sources Details: Claude — run details
Statistical reference Synthetic fixture <0.1%99.9%0.1% 31 Oct 2026, 06:00 UTC FreshPrice history only Details: Statistical reference — method
AI average Average · uncalibrated <0.1%>99.9%<0.1% 31 Oct 2026, 06:12 UTC Fresh2 of 2 models Details: AI average — method
OpenAI Research run <0.1%>99.9%<0.1% 31 Oct 2026, 06:09 UTC Fresh5 cited sources Details: OpenAI — run details
Claude Research run <0.1%>99.9%<0.1% 31 Oct 2026, 06:10 UTC Fresh5 cited sources Details: Claude — run details
Statistical reference Synthetic fixture <0.1%100.0%0.0% 31 Oct 2026, 06:00 UTC FreshPrice history only Details: Statistical reference — method
Prediction markets No matching market Listed contracts ask whether bitcoin touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date. Checked 31 Oct 2026, 06:05 UTC.
Source details
AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 2.9% volatility over the horizon (about 55% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

AI average

Average · uncalibrated
Fresh
Down
36%
Within
23%
Up
41%

Updated 31 Oct 2026, 06:12 UTC · 2 of 2 models

Details: AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI

Research run
Fresh
Down
36%
Within
22%
Up
42%

Updated 31 Oct 2026, 06:09 UTC · 5 cited sources

Details: OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude

Research run
Fresh
Down
37%
Within
23%
Up
40%

Updated 31 Oct 2026, 06:10 UTC · 5 cited sources

Details: Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference

Synthetic fixture
Fresh
Down
36%
Within
27%
Up
37%

Updated 31 Oct 2026, 06:00 UTC · Price history only

Details: Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 2.9% volatility over the horizon (about 55% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

Prediction markets

No matching market

Listed contracts ask whether bitcoin touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date.

AI average

Average · uncalibrated
Fresh
Down
7%
Within
83%
Up
10%

Updated 31 Oct 2026, 06:12 UTC · 2 of 2 models

Details: AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI

Research run
Fresh
Down
8%
Within
81%
Up
11%

Updated 31 Oct 2026, 06:09 UTC · 5 cited sources

Details: OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude

Research run
Fresh
Down
7%
Within
84%
Up
9%

Updated 31 Oct 2026, 06:10 UTC · 5 cited sources

Details: Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference

Synthetic fixture
Fresh
Down
4%
Within
92%
Up
4%

Updated 31 Oct 2026, 06:00 UTC · Price history only

Details: Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 2.9% volatility over the horizon (about 55% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

Prediction markets

No matching market

Listed contracts ask whether bitcoin touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date.

AI average

Average · uncalibrated
Fresh
Down
1%
Within
98%
Up
1%

Updated 31 Oct 2026, 06:12 UTC · 2 of 2 models

Details: AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI

Research run
Fresh
Down
1%
Within
98%
Up
1%

Updated 31 Oct 2026, 06:09 UTC · 5 cited sources

Details: OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude

Research run
Fresh
Down
0.5%
Within
98.6%
Up
0.9%

Updated 31 Oct 2026, 06:10 UTC · 5 cited sources

Details: Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference

Synthetic fixture
Fresh
Down
<0.1%
Within
99.9%
Up
0.1%

Updated 31 Oct 2026, 06:00 UTC · Price history only

Details: Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 2.9% volatility over the horizon (about 55% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

Prediction markets

No matching market

Listed contracts ask whether bitcoin touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date.

AI average

Average · uncalibrated
Fresh
Down
<0.1%
Within
>99.9%
Up
<0.1%

Updated 31 Oct 2026, 06:12 UTC · 2 of 2 models

Details: AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI

Research run
Fresh
Down
<0.1%
Within
>99.9%
Up
<0.1%

Updated 31 Oct 2026, 06:09 UTC · 5 cited sources

Details: OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude

Research run
Fresh
Down
<0.1%
Within
>99.9%
Up
<0.1%

Updated 31 Oct 2026, 06:10 UTC · 5 cited sources

Details: Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference

Synthetic fixture
Fresh
Down
<0.1%
Within
100.0%
Up
0.0%

Updated 31 Oct 2026, 06:00 UTC · Price history only

Details: Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 2.9% volatility over the horizon (about 55% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

Prediction markets

No matching market

Listed contracts ask whether bitcoin touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date.

Distribution of possible returns

AI average, built only from the threshold probabilities. Each band’s probability is spread evenly across its width, so the steps come from the thresholds, not from a modelled price path. Heights show probability per percentage point because bands differ in width.AI average, spread evenly within each threshold band. Heights are probability per percentage point.

Down band Within band Up band Selected threshold Reference, 0%

Histogram of the bands listed in the table below: probability per percentage point for each band between −50% and +50%.

Hover a band for its price range and probability. Not drawn: <0.1% below −50% ($40,000) and <0.1% above +50% ($120,000).

Show as a tableHide table
The distribution as a table
Return at target Price Prob. Per point
Below −50% Below $40,000 <0.1% —
−50% to −10% $40,000–$72,000 0.6% 0.02
−10% to −5% $72,000–$76,000 7% 1.35
−5% to −1% $76,000–$79,200 29% 7.19
−1% to +1% $79,200–$80,800 22% 11.21
+1% to +5% $80,800–$84,000 31% 7.84
+5% to +10% $84,000–$88,000 9% 1.77
+10% to +50% $88,000–$120,000 1% 0.03
Above +50% Above $120,000 <0.1% —
Total 100%

Why these estimates?

Factors the models cited for this target date. Each item says whether it is a reported fact or the model’s inference.

What could push the price higher?

  1. Spot ETF demand Model inference

    Continued net inflows into US spot bitcoin ETFs would add steady buying before the target date. 1

  2. [Reported fact] Reported fact

    [Fact quoted from source 2 with its own date, for example a published fund-flow figure.] 2

What could push it lower?

  1. Tighter financial conditions Model inference

    If US yields keep rising before the target date, the models expect pressure on bitcoin alongside other risk assets. 3

  2. Regulatory setback Model inference

    An adverse US decision affecting crypto exchanges or ETFs before the target date would likely weigh on the price. 4

  3. [Reported fact] Reported fact

    [Fact quoted from source 5 with its own date.] 5

Events before the target date

Scheduled dates come from official calendars. Scenarios are hypothetical and have no date.

Confirmed dates

  1. 31 Oct 202623:59 UTC

    Target observation

    The BTC/USD price at this time settles this forecast.

    Forecast target
  2. 9 Dec 2026

    US Federal Reserve policy decision

    After the target date, so it cannot affect this outcome. Federal Reserve calendar

    After target

Hypothetical scenarios

  • A sharp risk-off move in global equities before the target date.

    Scenario · no date
  • An adverse US regulatory decision affecting crypto exchanges or ETFs.

    Scenario · no date

Prediction-market context

No matching market Related market: none Checked 31 Oct 2026, 06:05 UTC

Listed contracts ask whether bitcoin touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date. Market evidence is left out rather than shown as 0%.

Options-implied (risk-neutral) estimates are a different kind of evidence and are not shown in this version. How sources are matched

What this forecast may miss

  • The path before the target. A move above $100,000 before the target date followed by a fall would not change the outcome.
  • News after 31 Oct 2026, 06:12 UTC. It enters only when a new version is published.
  • Differences between venues. Individual exchanges can trade away from the reference price source.
  • Calibration. The AI average has not been adjusted using settled outcomes, and this pair has very little live history.
  • Market-implied views. The statistical reference is a simple baseline, not an options-implied (risk-neutral) estimate.

Forecast versions

Each version keeps its own reference price and source timestamps. Earlier versions are stored, never overwritten. Shown at ±10%; every version holds all four thresholds.

Stored versions of this forecast
Published Reference price Down / Within / Up at ±10% Version
31 Oct 2026, 06:12 UTC $80,000 1% / 98% / 1% Current version · viewing