How do you think when the bitcoin price can hit $50k?
I think 50k can hit within Q1 of 2021. it is January now and we already crossed $42k mark. so If you ask me my opinion. I would say we'll go to $50k in march or april.
It’s possible to hit that target and more but there’s always a danger in every price right now since most the investment company already set a good position and they are already in profit with the current price, They are just waiting for a good liquidity to liquidate there asset in synchronized to the trend.
are you saying that the companies are about to sell off their bitcoins and bitcoin price will/can drop anytime soon? if it happens then it would be a good opportunity for new comers to get into bitcoin.
I really wish bitcoin will drop again to $10k.