Quote from: Reatim on Today at 06:30:41 AM

Quote from: katrina2 on January 25, 2021, 08:58:53 AM

Technical Analysis on BTC/USDT
The signal line of the RSI indicator on the weekly chart is close to the resistance level, and if there is a crossover from top to bottom, then the correction will continue. In this case, there is a possibility of seeing Bitcoin even near the $20,000 mark! Of course, in this case, this kind of correction may frighten off some investors, but there are also those who are already preparing to buy at such a favorable price.

However, on the daily chart, at the moment the price rests against support, from where a rebound is quite possible. The RSI indicator in the neutral zone also indicates a possible resumption of the bullish trend. The MACD indicator is still in the zone below zero, however, it is starting to decline, indicating a possible transition in the opposite direction.

For more fundamental analysis, please refer to the article.
https://medium.com/bex500/is-it-another-chance-for-btc-to-hit-40k-this-week-846742e31329

Bitcoin had already reached that 40,000$ then there is no reason for questioning the capacity to increase value again.

for me ?Bitcoin will break 50,000$ within the 1st quarter and may Hit 100k for the whole year.

I may sounds over expecting but that's how supporter does , I'm not afraid of the Dump so how much for the Pump?

For reaching that and suddenly the price that many people still keep looking forward that we can see that figures to be reached again although its quite hard for now for seeing the market is on bloody shape but still chances is so high due to some good support as well hypes floating around. But I don't really think bitcoin will reached at $50k for first quarter of the year since we might gonna see some struggling phase right now.