60K or 50K?
In the last 3 weeks, the bitcoin price has reached the $60,000 mark twice. It's possible for the bitcoin price to breach the $60,000 mark once more before the end of the month of March. Many crypto market analysts were saying the bitcoin price could reach $75,000 to $80,000 before the end of the month of April 2021. The bitcoin price will get a massive boost from the Covid-19 intervention funds by the American government know as "Covid-19 Stimulus Package" up to $1.9 trillion-dollars.
https://www.nytimes.com/2021/03/07/us/politics/whats-in-the-stimulus-bill.htmlNot really that a fan on following those analysts calls when it comes to price predictions or possible movement.When there's a breach then we cant determine if it can sustain or
would just basically be rejected off and we would be playing around below 60k price point which is the thing currently happening as of this moment.Playing around 53k-60k price
is something we can consider on consolidation mode.There are not possible big movements on next month to come but we know that there would be sudden
fundamentals or news that pops out from nowhere which would eventually spark out the entire market and can really possibly able to move the market.