Post
Topic
Board Speculation
Re: Will Bitcoin break $4500 this week?
by
roadbits
on 21/08/2017, 13:11:22 UTC
Last week bitcoin try to break $4500 about three times but to no avail! I think  above $4500 is possible before the end August as the momentum is very high and bitcoin Cash has rise significant for the past two day to close at $870 yesterday, I think very soon bitcoin Cash traders will start to take profit and fund will flow back to bitcoin.
Thats how it works on which people are just milking up BCC just to go back again on Bitcoin. We do really have a strong resistance on 4500 range which we didnt able to break it and proceed or shoot up the price on 5000 but as being said we would really get that momentum again on this upcoming months to come and im sure on this year we would really break that resistance that bitcoin didnt even break on previous weeks.
This year the Bitcoin will break all imaginations. I don't know what price we see at the end of this year. But now within this month, i think the price will not cross $4500. It is stable around $4100. I think it will take one more month to reach $5k or more. But within that, it is not possible. We just need $400 increment to see the OP target within one night the price will cross this target but don't know when that day will come.