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.
Broo current price of bitcoin is 47k USD, way above 40k and i dont see it going down less that 40k USD now and i am expecting it to cross the 50k $ mark this
week easily. It is in a uptrend and it will cross 50k usd easily.