The bitcoin price ranged from $52k - $57k this week with a bitcoin price of $56,800 today. Bitcoin is holding on to the $50k mark and there will be another increase, possibly breaking the $60k market price next week.
This forecast becomes the right benchmark in investing before bitcoin rises so far.
Unfortunately, there is a big resistance on the $58k line. The last price I've seen is like $58,200-$58,300 but it quickly goes down again to $57k. And it's certain that speculators are selling at the $58k price so it might take some time to reach $60k.
I guess still the right time to invest and wait for it to go above $60k. We still have more than a week to accomplished this as I'm looking for the last week again to see some dumping before entering November.
if you place your money where your heart is, surely you are now enjoying the market bounce.
Currently, the price is already $60k+, entering now the new barrier if strong hands will continue to hold and allow this
bounce to move forward. This bull may bring more and possibilities that it will give a new time high.
Investors who understand the potential will keep their assets safe and allow any cycle until the end of this year.
Anything is possible within the market. Be wise and not to be greedy not to lose your chance to maximize your profits.