Re: Bitcoin going to $53k or down to $48k? (Bullish Scenario)

Quote from: soenan on September 06, 2021, 04:14:37 PM

Here I make a bullish scenario about bitcoin where we will go to $53k maybe even $55k.

Bitcoin is currently fighting its major resistance at $50k, although some of my friends want to start short, I forbid it because bitcoin in the minor Elliot wave allows it to pass through the major resistance.

Well, even then it could be that bitcoin has just finished its wave 1 and will be on the way to its wave 2 where we will find bitcoin at $48k again.

What do you think about bitcoin price predictions?

Thank you for taking the time to discuss this bitcoin price prediction. I understand that you are a busy person and I appreciate any advice you can give.

Strong resistance is at 47k$,maybe we can see btc at 47k at the end of this month. I believe that this is now the right time to buy Bitcoin and wait for the next rising of it's price and make profit. Most of the investors are now buying because they know that the bitcoin will possibly rise back after it touches 40k$ downfall.