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After Early April Spike, Over/Under for Bitcoin Price by End of Month Set at $6,200 USD

JJ De La Torre

by JJ De La Torre in News

Updated Apr 3, 2020 · 11:07 AM PDT

Bitcoin reached its highest value in months in early April. Photo by JB Stran (Public Domain)
  • A recent spike for Bitcoin has followers excited and intrigued
  • April 2nd saw a significant hike in value for the cryptocurrency
  • Stakeholders hoping the trend continues to match or exceed Bitcoin’s once much higher value

Well, Bitcoin followers, I bet you’re excited about the last couple days. For those of you out of the loop, the world’s favorite cryptocurrency saw a fairly significant hike in early April, a value that some saw coming, and others were nay-saying.

That’s the thing about finance, you really never know when a value will jump or fall. But that’s what makes following this realm fascinating. Understanding trends, knowing history, and following news definitely helps.

As for Bitcoin, it’s a good time right now. Great, even. But what will happen next for this intriguing financial newsmaker?

What Price Will Bitcoin (BTC) Be Trading at on April 30, 2019 at 11:59 PM EST?

What Will Bitcoin (BTC) Be Trading at on April 30? Odds
Under $6,200 USD -120
Over $6,200 USD -120

*Odds taken 04/04/19

We’re barely scratching the surface into April, and already Bitcoin has had an extremely healthy start. In fact, Bitcoin’s current level (hovering around $5,000) hasn’t been reached since November.

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It’s expected, then, that Bitcoin will continue its climb. For those of you concerned about Bitcoin’s giant dip last fall, that’s a valid and fair consideration for sure.

Bitcoin’s current level (hovering around $5,000) hasn’t been reached since November.

It seems, though, that pretty much every insider who has any knowledge into this field believes that this could be one of the biggest financial comebacks in recent history.

Of course, nothing is guaranteed in the finance realm, but we have a good feeling that Bitcoin is going to be having its moment here, and it’s not going to end this quickly.

Pick: Under $6,200 USD (-120)

What Price Will Bitcoin (BTC) Be Trading at on December 31, 2019 at 11:59 PM EST?

What Will Bitcoin (BTC) Be Trading at on December 31? Odds
$5,000 or Under +200
$5,001-$10,000 +100
$10,001-$15,000 +500
$15,001-$20,000 +500
$20,001 or Higher +1000

A Christmas Miracle?

Predicting Bitcoin’s value to the end of the current month is one thing, but guessing where we will be around the end of the year is certainly more of a tricky situation.

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Again, we must consider that last year at this time, Bitcoin was riding a high wave— higher than it is now, certainly. But then a steady decline happened between spring and winter, leading many Bitcoin fans to become disgruntled, perplexed, or both.

Bitcoin – Last 30 Days

A Mirror Has Two Faces

It’s highly unlikely, though, that Bitcoin will see the exact same trend this year as it did last year. Just because it fell through 2018 doesn’t mean that its fate will be replicated the following year.

Bitcoin’s 2017 was sensational, climbing and climbing to over $19,000 at one point.

Consider also that Bitcoin’s 2017 was sensational, climbing and climbing to over $19,000 at one point. Those are not figures to sneeze at. Bet on Bitcoin to climb high once again throughout 2019.

Pick: Between $5,001-$10,000 (+100)

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