Quote from: Vaculin on February 16, 2022, 08:47:06 PM

Quote from: Kemarit on February 15, 2022, 03:34:47 PM

Quote from: Sayeds56 on February 15, 2022, 12:57:18 PM

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.

True. We are used to witness volatility in Bitcoin market that I consider an opportunity to make money by proper risk management and avoiding impulsive decisions. last week Bitcoin was down because of negative news coming from Ukraine but this weeks seems good and most likely we will see closing of weekly candle above 46K.

I think it is still $45,000 to broken first, and then we can talk about $46,000 and higher.

The Ukraine news seems to be fading away as the market perform very good the start of the week. Hopefully we can close this week with a good rebound and who knows, there could be another shock for us this week. Because as far as TA (RSI strength) is concern, this could be another bull run for us.

The current price is $44,212 so its already close breaking its next resistance at $45k price level. If there will be a good push by next week like having positive news that will leave huge impact, then bitcoin will not only hit $45k but it will be heading for a $50k price level. I guess this time, having a bull trap is less likely to be more possible since the market has started to be more stable again, along with potential altcoins too. At the end of the day, there will only be two possible paths, that we are heading to another bull season, or we are heading back into another price correction if the market is affected again by the insignificant news and updates.

We do hope that it will break that big barrier because so far in the last two day,s the price keeps on teh $44,000 range and there is not enough push heading to $45,000. We even had the price going below to $43,500 so I guess we will have to wait for that $50,000 price against. I will agree that we need some positive news to break that barrier, but so far we haven't had one so maybe we will see it trading sideway for the rest of the week.