Its easy to give analysis on bitcoin price prediction but since no one is sure what will happen, its difficult to bet on it. We may place a bet that bitcoin will reach 60,000$ by month end but who knows if it dumps to 45,000$ again. This market is very unpredictable and hence you won't be able to bet right most of the times.
Yes, it is difficult to predict the bitcoin price but after what we see in the last month, I guess the price will stay above $50k and if the price increase, it will be in the range of $51k-$54k. Bitcoin needs more support to lift the price faster than before to increase to $54k before or after the middle of this month. While I see that support is not coming yet.
In my prediction, at the end of September there is a possibility that BTC will touch between 55K-57K, because in the last few days there has been a lot of positive news that could be a fundamental for Bitcoin, so when BTC hits 55K-57K in September, we can see a positive signal for the second bullrun for new ATH end of year. Unless there is another FUD later, maybe the positive sentiment that appears at this time will not have any effect.
It could happen but bitcoin needs more positive news that can be the next sign for the price to increase. If that can coming at the middle of this month, the price can increase. Otherwise, we might see the price will be at $55k-$57k in the next month. But the second bull run can come before the end of this year, so we can only hope.
I don't understand why you are talking about the end of the year while the announcement is about betting on BTC price at the end of month, like all crypto price bets on Freebitcoin. So before talking about price through the 4 next months, are you able to give us your prediction for the end of september? Would you be able to bet on it?
My prediction for bitcoin at the end of September could be at $53k-$54k with a note if there is not much positive news coming from tomorrow until 20th September before the end of this month. But if much positive news coming, the price can be able to break $55k-$59k. Maybe I will place a bet in the last 1-2 days before the betting expires on 23rd September
How about yours?
All in all, that is just a prediction that can be wrong because we do not know how bitcoin will price at the end of this month. If you want to place a bet, make sure you know how much money you will use