This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.
It's not over yet though, just in the last 24 hours, it looked like it was going to head down quite deep as it was red everywhere but then as soon as Asian markets closed over here, everything picked up again. Bitcoin back to making a weekly high on Friday. Altcoins are the same and really enjoying this boost. It could be the circle of giving I think so for another weekend. Very good August so far.
And just like that we are now heading to $48k the next big resistance before the $50k jump.
But it's coming on a weekend anyways, I feel that the volume might not enough for a push to $49k-$50k significant levels. Usually this time, traders are speculators are at rest, and then come back strong this Monday. So let's wait for the next 4-12 timeframes, I'm not seeing a significant drop maybe just a couple of % and then we are going back on the 16th.