- Sports bettors are wagering on the price of Bitcoin going up at -150 odds during the Super Bowl.
- Bitcoin prices fluctuate constantly.
- Bitcoin trades happen heavily during the weekends.
TAMPA, Fla. – Super Bowl 55 is bringing with it a slew of unique prop bets. One such wager is how the price of Bitcoin will change during the game.
Sports bettors wager on Bitcoin constantly as well as place action during the Super Bowl. This betting line brings both elements together in a unique way.
Since the Super Bowl is on a Sunday, and Bitcoin trades happen constantly throughout the weekend, it makes sense that the price of the cryptocurrency will drastically change throughout the game.
Currently, sports bettors are leaning heavily in favor of the price going up during the game. Bitcoin has currently been in an upward swing for months.
Super Bowl LV – What Will Happen To The Price Of Bitcoin (BTC) During The Superbowl?
- Price Of Bitcoin Goes Up -150
- Price Of Bitcoin Goes Down +110
Bitcoin prices have been steadily increasing in the last year, reaching an all-time high of $40,300,000 and has shown no signs of slowing down.
Last year saw the biggest boom in Bitcoin prices. This may have been a direct result of the COVID-19 pandemic breeding more investors than ever.
Experts deem the price will continue to rise, with estimates of the cryptocurrency reaching anywhere from $50,000 to $400,000.
Super Bowl Sunday will fall during the weekend, where most trading takes place on digital coins. While NFL bettors will be wagering on the Big Game, many investors will be gambling on Bitcoin increasing.
With the price of the coin constantly increasing, it makes sense that sports bettors expect this trend to continue during Super Bowl Sunday.
Underdog bettors should still lean in on the longshot odds. Cryptocurrencies are unpredictable and a price drop during the game is still highly possible.
Those taking longshot odds at legal sports betting sites could go home with a major upset victory should an unforeseen change in the market take place.
News tags: Bitcoin | Cryptocurrency | Florida | Kansas City Chiefs | sports betting | Super Bowl | Super Bowl 55 | Super Bowl LV | Tampa Bay | Tampa Bay Buccaneers
Coming from a background in narrative-based writing, Giovanni strives to write stories that will keep the reader engaged. Although he does pride himself in being accurate, how the story is told is also very important to him. When he’s not keeping readers up to date on sports betting laws and legislation, you can find him writing and recording music, playing videogames, or engaged in heated sports debates with his friends.