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.
Maybe you'll have to create another poll now if this will happen again or not.
I wonder what will be the prediction for the 1st and 2nd quarter of 2022 from those who have been expertly giving theirs here in the early days.
The major resistance for now is $60k, because the resistance barrier $50k is crossed and if $53k is reached there is more chance of reaching the previous ATH by the days around Christmas. If this doesn't take place, then this year is gonna end on the bearish move. Because, more selling of bitcoin will take place during the year end than other months. This time the trend can change as there is better understanding and adoption of cryptocurrency.
That was in the early December , but things change when 2nd week comes and most when 3rd week because the price continues to fall and now here staying at 40k level.