with the $50,000 resistance under a barrage of buy orders we could see this Uptoberfest end with a new ATH.
Let us hope so, let us expect increase in the price of bitcoin, but actually I have sold some of my bitcoin just because of the rslesistance at $50000. If the price reduce back to $40000, I will buy again, but if the price continue to increase, there is nothing bad about it, it will still favours us all to earn more.
Bitcoin price at the $50000 has now been a debate by the analyst if the price will increase to ATH or not, it is very possible but $60000 will be another resistance if the price increase above $50000. That is the resistance at ATH, but we should first get above $50000 to know if the price will reach ATH but I am not very optimistic about the price reaching ATH but that does not mean it is not possible.