The probability that Bitcoin will reach $20,000 by the end of the year is only 9%
The Bitcoin options market (BTC), dominated mainly by Deribit and CME, foresees a 9% chance that the cryptocurrency price will reach $20,000 by the end of the year. Given Bitcoin’s tendency to achieve significant growth only about 6-8 months after halving activation, professional traders‘ opinion of BTC’s medium-term performance remains relatively cautious. Short-Term Bullish Option … Read moreThe probability that Bitcoin will reach $20,000 by the end of the year is only 9%