Post
Topic
Board Bitcoin Discussion
Re: Is the current bitcoin price sustainable?
by
Traderbtcc
on 20/02/2021, 00:55:23 UTC
It wasn't a surprise because bitcoin was close to $50k price for a couple of weeks but will it be stable there ?

During the next week will the price be heading downward because of sellers making profits or is it going upward when the next price to generate media interest will be $75k ?

It's difficult to work out if it's going to stay stable at $48k - $50k
Bitcoin breaking the $50k barrier was always going to happen, I'm glad it finally did and it seems like the $50k price is sustainable even though we might see a little retracement soon cause the market can't just keep going up forever,but at this point with more financial institutions like tesla, mastercard etc buying bitcoin the $50k will be sustainable, it made a new high of $55k today, I don't think there's anything that can stop bitcoin at the moment, $100k per bitcoin is no longer a dream.