Quote from: TravelMug on Today at 12:09:01 AM

Quote from: Jating on May 08, 2021, 11:56:00 AM

It's weekends but we have a good bump on the price at $58k.

We might not hit $70 on May 13th, but I think it's feasible that at least $60k will be in the range by that time and I would take it anytime of the day.

Let's way for the $70k surge here, with or without this so called rumour. We still have weeks to do that this May and I wouldn't be surprised if we will get near that price or have a new all time high again.

The price went over $59,000 several times but it was not enough, there is no momentum as traders sold off at this price.

Yeah, it's weekend so we should expect a slow down, so I wouldn't mine seeing the price on the $58k and then slowly getting up again tomorrow Monday as we may see a huge volume again during the start of the week. That $70k might have to wait though, steady gains is what we wanted, we don't want to see artificial pump just to reach this milestone.

Slowly but progressive is better than artificial pump that may breakdown really quick.

Weekends might show some fall as some may cashout for some personal reasons, but along the way we are still seeing good market
movements, there are long term investors who keep their assets and wait for their target than those day traders who are just scalping and trying to rinse from time to time.