Quote from: Yaunfitda on Today at 12:34:19 PM

The $50k resistance is too big to conquer right now, the wall is big enough that we can't get over with. We have attempted several times already that I've lost count. So with that said, I think we are leaning towards a bear market next year. Again, this is just my personal opinion, take it or leave it, but at least I'm going to prepare myself and brace for a worst crypto winter.

Honestly the key word there is "for now", because we all know that with the right amount of hype, we could break over 50k and even 60k and to say even craziest, we could break over 70k. I am not saying that we will, but bitcoin world is capable of pushing prices to insane levels whenever we want to. Just because we haven't in a while doesn't mean that we won't, we could fail to do it 10 times but then on 11th time we would be able to get something a lot better suddenly and be at the top and breaking ATH and so forth.

This is why I believe that we should not be really focusing on something that people are not even worried about right now, breaking 50k is not the main issue, not being able to reach to ATH is the real issue. You may think "if we can't break 50k, why should be worried about 70k?" but the reality is that if we are capable of breaking 50k, that doesn't mean that we are forced to stay at 52k and stop there, we could go even further.