Greetings Bitcoin Talk Users,
As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?
I really hope we will cross $ 50k this August...
Possible.
After the $45,000 strong resistance broke, btc might be heading to $50,000 in the coming week before August ends.
What's more interesting to watch out is the price action on the 4th quarter of 2021.
Bitcoin has been very bullish this year, though it crashed 50% from the ATH, but the price is still high and considered bullish.
Let's see If this run will continue as we have heard positive news towards Bitcoin.
Yep, the last quarter will be a good time to watch the price movement as we have been very bullish on it.
For now, we seems to can't get the resistance on $48k, now the price goes down a bit again to $45k. Nevertheless, there's nothing to be afraid of, just a normal price movement, maybe investors are selling at $46,700 because that's the peak so far. But in the last couple of days, after a minor dip reaching a resistance level, the price goes up again so no doubt that $48k, will be the target next and then $50k at the end of the month.