Post
Topic
Board Speculation (Altcoins)
Re: The price of Bitcoin broke $40,000 for the first time.
by
Willitivity
on 18/01/2021, 02:47:24 UTC
It doesn't seems the price is going beyond this $40k as it appears now considering the dwindling of the price since it was around $41k about a week ago. And the Cryptocurrencies market experts also predicted that the price would start to fall in the first quarter of 2021 which we're already.

The area of $41K - $42K is a powerful resistance that Bitcoin is yet to break like when it did before creating that all time high. It is looking like Bitcoin bull people are running out of steam and can't continue to push the price higher. The first quarter of every year are usually difficult even for the different markets that we have. Any breakdown to $30K will be brutal