Post
Topic
Board Speculation
Re: Bitcoin @ $50k
by
Hughes_Ryan
on 22/08/2021, 15:58:40 UTC
What is your analysis of this prediction?
I think it's only when bitcoin breaks through $49k8 that's where I believe bitcoin can go up to $53k very quickly even though the current rally is very slow but has the sustainability to hold the range support levels shorter.  Hence, this is the ideal condition for a breakout of $50k.  In addition, corrections on altcoins are showing signs of overbought.  I may be worried about a sign of a sharp correction in bitcoin next week.