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I acknowledge that cryptocurrency can be a delicate matter, regardless of the individual you speak to or your stance on the subject. Nevertheless, it is feasible to venture into the cryptocurrency market and anticipate the future of it.
We want to remind you that the best way to ensure you have all the necessary information before placing any bet is to check out the best sportsbook reviews.
I am aware that predicting the price of Bitcoin can be a fascinating topic for some, regardless of their personal beliefs on the matter. In addition to Bitcoin, we will speculate on the price of Ethereum and Dogecoin at the end of February.
Bitcoin (BTC) End of February
The first market we will explore is the price of Bitcoin.
| Bitcoin End of February Price |  |  |  |
| Over $51000.50 | -150 | -150 | -150 |
| Under $51000.50 | +110 | +110 | +110 |
In addition to speculation on the price of Bitcoin, there’s a trial on who created Bitcoin. Could you take a minute and read the weird details on this one?
Wright admits to forgeries, challenges his own expert witness, & declares ‘I AM Satoshi’ during cross-examination.
The COPA vs. Wright case continues…
My latest @Forbes article featuring @OpenCryptoOrg @Hodlonaut @BitNorbert @ForbesCrypto #Bitcoinhttps://t.co/s6QSqMjjvh
— Decentra Suze (@DecentraSuze) February 12, 2024
Regardless of the questions surrounding the creator of Bitcoin, it is trending in the right direction. Bitcoin is rising this month, increasing 23% and closing at just over $52,310 on February 15.
It has increased nearly $10,000 in the last month alone.
LISTEN NOW: Bitcoin prices topped $52,000 for the first time in over two years. Listen to the @CNBCFastMoney podcast here: https://t.co/2KdGymzp3L pic.twitter.com/1czaGqvJbb
— CNBC (@CNBC) February 14, 2024
Everything indicates Bitcoin will continue to increase throughout the month. I doubt it drops below $51,000, so I recommend betting over $51,000.50 at -150 odds at BetOnline.
The implied probability of -150 indicates a 60% chance of the event happening, so I will side with the oddsmakers.
Several websites are available for you to wager with; you can even choose to use the newest form of funds transfer, cryptocurrency. We have a list of the best betting sites that accept cryptocurrency as a payment method.
Ethereum (ETH) End of February
Sticking with the cryptocurrency market, let’s take a look at Ethereum. We will have the opportunity to wager on the future price of the cryptocurrency Ethereum.
| Ethereum End of February | | | |
| Over $2750.5 | -140 | -140 | -140 |
| Under $2750.5 | +110 | +110 | +110 |
Oddsmakers have set Ethereum’s over/under price at $2750.50. Over $2750.50 is favored for -140, which indicates an implied probability of 58%.
Digging deeper into the recent history of Ethereum, it has increased by 11% and $280 in the past month. It’s currently at around $2800 and has raised $970 in the last 6 months!
Ethereum is on the rise and is expected to continue to increase by the end of the month.
Oddsmakers also believe Ethereum is set to increase as they’ve offered -140 odds on the under $2750.50 number.
I recommend betting on Ethereum to continue increasing; over $2750.50 by the end of February seems like a safe bet.
Dogecoin (BTC) End of February
Another exciting market we can wager on is Dogecoin. We can also wager on the price of Dogecoin at the end of February. It seems to be gaining steam like Ethereum and Bitcoin.
| Dodgecoin End of February | | | |
| Over 8.5 cents | -130 | -130 | -130 |
| Under 8.5 cents | -110 | -110 | -110 |
Oddsmakers have set 8.5 cents for Dogecoin, which seems far too low. The past week has seen an increase of 6.5%.
It’s trading at 8.7 cents, so this one feels like another safe bet over the projected total oddsmakers have set.
🚨 150,000,000 #DOGE (12,404,079 USD) transferred from #Robinhood to unknown wallethttps://t.co/uhpUXARgIO
— Whale Alert (@whale_alert) February 13, 2024
There seem to be some moves happening on the crypto front. That’s a substantial transaction for Robinhood. Dogecoin is also going to keep increasing.
I recommend betting over 8.5 cents at -110 odds.
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