Bitcoin will inevitably end this week with a market price of $50k.
The price is currently at $49200 and it is clear that it is very close to reaching 50k, but the question will be:
Will the price be able to stay above 50K this weekend so that it ends the week above 50K?
one thing and it being able to reach 50K and another very different thing Is the price being able to finish the week above 50K
Bitcoin might not be able to sustain and hold $50,000 for a week, because short sellers and traders are already anticipating Btc to hit that level any moment now and they're going to sell it before it goes down. However, If Bitcoin will continue to be overbought, It could and will sustain the $50,000 level and aim to break another ATH on the latter.
Let's just see how the market reacts once Btc touch the $50,000 mark. Usually, It will have frequent pull backs and shorts recoveries.