Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin’s Next Peak May ‘Only’ Be $80,000, Says Analyst
by
KTChampions
on 16/02/2020, 19:10:44 UTC
At the moment, it would be nice if Bitcoin cost at least $20,000, and then you can think about growing Bitcoin to $80,000.

If it hits 20 thousand it will not stop there. 10 is a strong level of resistance that was hit and sometimes even overshot multiple times and the more we stay at a given level the stronger it becomes.
~

I think that the previous ATH (20k) will be the strongest level of resistance since everyone will be afraid of repeating the 2018 scenario. Plus, we should not forget about those who bought bitcoin at the maximum price and when the opportunity arises, they will sell it in order to return their money back.