On April 24th at 11:59 PM MT, Bluehost will be having a one day sale offering $2.95/mo for 36 months on the Basic Plan.
The Shared Hosting includes three plans: Basic, Plus and Premium. The Basic Plan offers 50 GB website space and unmetered bandwidth.
If you plan to use Bluehost, this flash sale will be a good opportunity.
In the shared hosting, really many users share really large space and bandwidth; the service might be unstable if a few users consume excessive bandwidth. If you want more stable service, you might be able to consider VPS or higher plan. This blog uses the Buehost VPS plan.