Kalshi traders are forecasting Bitcoin to reach $81,000 in April, driven by geopolitical stability following Iran's reopening of the Strait of Hormuz. This development has eased concerns over oil supply disruptions, enhancing Bitcoin's appeal as a safe-haven asset. Bitcoin recently surpassed $77,000, and traders see a 0% probability of it falling to $60,000 this month.
The market sentiment remains bullish, with traders closely monitoring Bitcoin's price movements. The easing of geopolitical tensions and $427 million in long liquidations have contributed to the positive outlook. The current trading environment is thin, suggesting that even small orders could significantly impact the market, although the bias remains bullish.
Kalshi Traders Forecast Bitcoin to Hit $81,000 Amid Geopolitical Calm
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