Quote from: wxa7115 on August 20, 2021, 05:28:17 PM

Quote from: BIN-BIN on August 12, 2021, 08:16:26 PM

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 resistance is without a doubt there however I do not really think is going to take long for bitcoin to surpass that level, after all even if it seems a key level for many I really do not think that is the case because it is too close to the all time high, so at the worst I expect a few days or maybe a few weeks in which we are going to be near the current levels and then out of nowhere that resistance is going to melt as if it was never there.

We are already near that $50k, we touch $49k in the last 24 hours, but there is no momentum, as the price goes down to $48k. But it doesn't mean that we will continue to plummet, just a small dip is needed to go to $50k.

Quote from: wxa7115 on August 20, 2021, 05:28:17 PM

And since this is going to take so little time I do not really see the need to be worried about it unless you are a short term trader, if you are an investor then it doesn't really matter if bitcoin surpasses that level in a few days or weeks, we know that it is going to do it so just relax and let bitcoin do its thing.

I think the right term is anxious, everyone is waiting to see it going $50k or above this week. But the best thing is to wait for next week and see how it pan out.