Crypto price prediction markets, explained
In short
A crypto price prediction market asks a dated question, such as Bitcoin above a price at the end of the month, and trades a share that pays $1 if it comes true. The price is the crowd's chance. It is not a price target or financial advice.
The common formats
Above or below a level on a date. Highest price reached in a month or a year (a ladder of levels). Up or down over a short window, from minutes to a day.
Reading a ladder
In a 'what price will Bitcoin hit' market every level has its own Yes price. Levels near the current price trade near 50%; far ones are cheap long shots. The odds pages show the most likely open levels.
In packs
PredictRips crypto packs draw short windows and price lines that settle the same day, at the live price, with odds and pack value shown first.