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?
I think If bitcoin stays above $40k for a week, it's likely that the uptrend will increase. Bitcoin may fall back into the mid-range around $36k, or lower before the rally continues. So let's see how things go later this week or at least next month.