Post
Topic
Board Speculation
Re: Bitcoin faces strong resistance to reach $50k?
by
bots1
on 19/08/2021, 12:54:55 UTC
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.
The continued downward trend in Bitcoin prices which has tended to be consistent since the end of April has begun to make investors hesitate. The prospect of bitcoin's price may continue to decline, even for the rest of the year. If the price drop continues then the bitcoin price will probably hit $35k later this month.