Quote from: TravelMug on February 12, 2022, 04:38:12 AM

Quote from: Kemarit on February 11, 2022, 07:35:53 PM

Quote from: Epaper on February 11, 2022, 05:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

it's below $43k unfortunately, as you have said, the barrier is too much that the push has failed again. We might see the price not moving, unless there will be a new set of money coming from any source, i.e. stock market. So the sentiments are back to scared if I'm not mistaken, a indication that investors are again afraid of the current price movement and being reluctant to engage. So will see how it pan out, let's just be positive that the $45k barrier will eventually breach this month.

Influences from investors are really affecting this situation, if big bag holders will hold and not to add any additional fears to the market,

we may see good bounce back while building good barrier. As of this moment, it's below $43K again that attempt to reach $50K did not

materialize, better to hold if you have already assets inside your wallet. If you have spare, it's also good to buy more.