Post
Topic
Board Bitcoin Discussion
Re: Is the current bitcoin price sustainable?
by
Dutchyyy
on 20/02/2021, 20:38:44 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

According to many market analysts, the support point of $ 50K in the transition is an indicator of a larger increase in the price of Bitcoin after that. An adjustment and decline to levels of about $ 10K - $ 15K may follow, but then the rise will exceed current record values for a longer period of time.