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Charles Schwab has announced plans to offer retail clients direct trading in Bitcoin and Ether. The Polymarket contract for Bitcoin dipping to $60,000 in April now sits at 0% YES.
With only 14 days left in April, the odds for Bitcoin reaching $60,000 this month are effectively zero. Every active sub-market suggests Bitcoin will stay above that level. The introduction of spot trading at a major brokerage like Schwab typically supports bullish sentiment.
The likelihood of Bitcoin achieving a new all-time high by June 30 is at 3.4% YES, up from 3% a week ago. The September 30 sub-market has risen more noticeably to 9.5% YES, previously 6%. The December 31 market is at
The combined face value traded daily across these markets is $15,938. Actual USDC traded is $856, which means a few large trades could still shift odds. It takes only $1,794 to move the June market 5 points, so a single sizable order could push expectations higher.
Schwab’s entry suggests confidence in recent regulatory clarity from the SEC and CFTC. At a current price above $72,000, a bet on Bitcoin falling to $60,000 in April is hard to justify. A YES share priced at 0¢ would pay $1 if Bitcoin somehow fell that far, but no obvious catalyst exists for that kind of decline.
Watch for further institutional activity from major asset managers like BlackRock or Fidelity, and any geopolitical developments that could affect prices.
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