Bitcoin now has a 7% chance of beating $20K highs in the next 2 months

Bitcoin (BTC) has a 7% probability of beating its $20,000 all-time highs by the end of this year, data shows.

According to data from on-chain analytics resource Skew, as of Oct. 22, Bitcoin options were moving in favor of higher prices continuing in 2020.

BTC odds “repricing quickly”

At press time, the likelihood of BTC/USD being $20,000 or higher by Dec. 31, 2020 was 7%, with 11% for $18,000.

By March 2021, more bets said that Bitcoin would have reclaimed $20,000 (14%), while the figure for…

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