Bitcoin started this weekend market on a very good note hasn’t broken the 48k price benchmark which has held Bitcoin down for over a week before finally crushing the 48k price resistance level arriving at $48,500 on Friday evening, Bitcoin will inevitably end this week with a market price of $50k.
Most probably you are going to have above $51k by the times of coming Monday. Usually weekends are known for stronger bull run to happen in crypto markets and this week, we are at a critical resistance level right now and once we are breaking this strong resistance levels at $50k levels then we can see bitcoin prices are flying toward a new ATH.
I am not seeing any other big resistance levels to hold bitcoin markets from reaching a new ATH. Hence, breaking of $50k levels by this weekend might lead to one rememberable incident in bitcoin markets as it will open doors for another wave of stronger bull run in 2021.