Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.
There is high resistance at the $45k-$47k level. The best thing is to see the bitcoin price not falling too much under $45k. I am expecting the price to reach $50k by the end of the summer hopefully, otherwise I am always afraid with price stagnation between September and mid November.. before jumping again to a new record tho
The average is $43,000, that's the lowest price that we can see bitcoin should drop at a resistance base on 200 MA. But we are not going down on that levels, meaning we are above, indication that we are still in a bullish trend.
As for the price hitting $50,000, we have breach $49,000 multiple times in the last 3 days, so chances are we are going to hit it at the end of the month. And then September up to December the finals push to whatever all time high, hopefully it will be in the 6 digits.