Bitcoin's Uncertain Future: A Look at the Cryptocurrency's Volatility
Bitcoin's price has been subject to significant fluctuations over the years, making it challenging for investors to accurately predict its performance. According to a recent prediction from Polymarket, there is only a 3% chance that Bitcoin will reach $150,000 by June.
In the past decade, there have been two instances where Bitcoin more than doubled in value during the second quarter of the year. This suggests that while it may be unlikely for Bitcoin to reach $150,000 by June, it is not entirely impossible. The cryptocurrency's price can fluctuate significantly within a short period, making it difficult to predict on a day-to-day or quarter-to-quarter basis.