This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
It did broken that 45,000 level but stagnant on that price for week now. assuming that the price will hit 50k then what is the next resistance 55k? but yes if this 55k will be taken then surely we will make another run from ATH of 64,000
^^ Actually we have this super fast rally late last year.
And we all know that we have this 4 year cycle, and since bitcoin is still fairly young, we hold this theory. But as we grow, this 4 year cycle might be replace by this so called "super cycle", maybe we can see 2 super cycles or just one super cycles, in my opinion.
Yes , but whatever cycle it may be , hoping that another ATH will come as i am waiting for my profit to be on hand.