Post
Topic
Board Speculation
Re: Bitcoin faces strong resistance to reach $50k?
by
BIN-BIN
on 13/08/2021, 06:03:40 UTC


2 days before you posted this one asking about 48,000 target

https://bitcointalk.org/index.php?topic=5353958.msg57671749#msg57671749
Like this
but now you are seemingly asking for much higher resistance,  what is the purpose?
The reason is simple, my analysis a base on weekly market performances I predict the 48k Bitcoin price last week because the market, according to my research, could break that benchmark but should not forget the volatility of the Bitcoin market. But this week you don’t expect Bitcoin to rely on around the same figure it ended its market in the last few weeks because this week the market capitalization of Bitcoin broke new height which shows buy pressure that can push the market upward in the weekend market.